What is the definition of a business franchise?

Answer In simple terms, a business franchise is the way a company is able to distribute services or products through independent, third-party operators. The independent operator conducts their business by... Read More »

Top Q&A For: What is the definition of a business franchise

Definition of Franchise Business?

Franchising operations in the U. S. account for about $1 trillion in revenue annually. A company (the franchiser), almost always a corporation with one or more successful brands, grants an independ... Read More »

What is a franchise business?

A franchise business is a method of expanding in which the owner grants a second party or franchisor permission to use his business model in a new location so long as specific requirements are met.... Read More »

How to Buy a Franchise Business?

Once you've narrowed down the list of franchises you are seriously considering, you will begin a very detailed process of assessing each for possible purchase. A good franchisor should have a thoro... Read More »

Definition of an NFL Franchise Tag?

When an NFL team designates a player as a franchise player, they give themselves a certain amount of control over the future of that player. An NFL team can only give one player the franchise tag p... Read More »