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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 ...
Franchise Group, Inc. is an American privately-held holding company that acquires and manages mainly franchise companies. It owns brands in various retail industries including American Freight , Buddy's Home Furnishings, The Vitamin Shoppe , and Pet Supplies Plus .
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
[1]: 66 [2] Other international locations followed soon after: Oceania in 1971 with its Australian franchise Hungry Jack's, and Europe in 1975 with a restaurant in Madrid, Spain. [3] [4] Beginning in 1982, BK and its franchisees began operating stores in several East Asian countries, including Japan, Taiwan, Singapore and South Korea. [5]
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Century 21 Real Estate LLC is an American real estate agent franchise company founded in 1971. The system consists of approximately 14,000 independently owned and operated franchised broker offices in 86 countries and territories worldwide with over 147,000 sales professionals. [2] Century 21 Real Estate is headquartered in Madison, New Jersey. [3]
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 ]