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The word franchise is of Anglo-French derivation—from franc, meaning 'free'—and is used both as a noun and as a (transitive) verb. [2] For the franchisor, use of a franchise system is an alternative business growth strategy, compared to expansion through corporate owned outlets or "chain stores". Adopting a franchise system business growth ...
A&W Restaurants, fast food; AAMCO Transmissions, automotive; Aaron's, Inc., furniture rental Ace Hardware; AC Hotels; Advantage Rent a Car, rental cars; Allstate ...
A Kebab Turki Baba Rafi stand at the 2019 Gig on the Green at the Embassy of Australia, Jakarta. PT Baba Rafi Indonesia, d/b/a Kebab Turki Baba Rafi (abbreviated as KTBR) is the world's largest chain of kebab shops, which operates more than 1,300 outlets [2] in Indonesia, Malaysia and the Philippines.
Media franchise, a collection of related creative works, such as films, video games, books, etc., particularly in North American usage "Franchise" (short story), a 1955 short story by Isaac Asimov; Dem Franchize Boyz, an American hip hop group from Atlanta; Franchise Times, a business magazine for franchises in the United States
North America is the company's home territory and home to its first non-American stores; it opened its first international restaurant in Windsor, Ontario, Canada in 1969. [1] [2] Since its purchase in 2011, Burger King has seen a 14% sales increase in its Latin American and Caribbean operations. [140]
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A franchise agreement is a legal, binding contract between a franchisor and franchisee. In the United States franchise agreements are enforced at the State level. Prior to a franchisee signing a contract, the US Federal Trade Commission regulates information disclosures under the authority of The Franchise Rule . [ 1 ]
A franchise fee is a fee or charge that one party, the franchisee, pays another party, the franchisor, for the right to enter in a franchise agreement. Generally by paying the franchise fee a franchisee receives the rights to sell goods or services, under the franchisor's trademarks, as well as access to the franchisor's business processes.