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  1. Dictionary
    franchise
    /ˈfran(t)ʃʌɪz/

    noun

    • 1. an authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities, for example acting as an agent for a company's products: "Toyota granted the group a franchise" Similar warrantcharterlicencepermit
    • 2. the right to vote in public elections: "the franchise was limited to Estonian citizens"

    verb

    • 1. grant a franchise to (an individual or group): "a franchised dealer"

    More definitions, origin and scrabble points

  2. The meaning of FRANCHISE is the right or license granted to an individual or group to market a company's goods or services in a particular territory; also : a business granted such a right or license. How to use franchise in a sentence.

  3. 2 days ago · What Is a Franchise? A franchise is a type of license that grants a franchisee access to a franchisor's proprietary business knowledge, processes, and...

  4. What is a Franchise? A franchise (or franchising) is a method of distributing products or services involving a franchisor, who establishes the brand’s trademark or trade name and a business system, and a franchisee, who pays a royalty and often an initial fee for the right to do business under the franchisor's name and system.

  5. Nov 7, 2023 · A franchise is a business arrangement where one party, the franchisor, grants another party, the franchisee, the rights to use its brand, business model, and proprietary knowledge in exchange for a fee. This system allows the franchisee to operate under the brand's name, benefiting from established brand recognition, training, and ongoing support.

  6. FRANCHISE definition: 1. a right to sell a company's products in a particular area using the company's name: 2. the…. Learn more.

  7. www.franchisedirect.com › ultimate-guide-to-franchising › what-is-franchisingWhat is Franchising? | Franchise Direct

    Simply, a franchise is the right or license granted by a company (the franchisor) to an individual or group (the franchisee) to market its products or services in a specific territory or area. How Does a Franchise Work?

  8. Feb 12, 2024 · What Is a Franchise? This is a business system that distributes products and services under a contractual relationship. Franchise owners are often entrepreneurs who partner with corporate brands. The franchisee operates under the franchisor’s products, logo, and brand name.

  9. Aug 18, 2023 · A franchise is a business whereby the owner licenses its operations—along with its products, branding, and knowledge—in exchange for a franchise fee.

  10. Franchise definition: a privilege of a public nature conferred on an individual, group, or company by a government. See examples of FRANCHISE used in a sentence.

  11. noun. us / ˈfræn.tʃaɪz / uk / ˈfræn.tʃaɪz / franchise noun (BUSINESS) Add to word list. [ C ] a right to sell a company's products in a particular area using the company's name: a fast-food franchise. a franchise holder. Fewer examples. The Commission felt the company were overbidding and gave the franchise to their competitors instead.

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