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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 5àsec shop at Salta, Argentina.. Founded in Marseille in 1968, the name "5 à sec" (literally "5 to dry") comes from the five pricing levels in use back then. [1] The 5àsec network grew rapidly through franchising and in the first 15 years reached the number of 580 shops, making it one of the largest franchise networks in its field of operation.
Many companies and organizations provide business opportunities and services to the poor by introducing scaled-down business concepts found in successful franchise organizations. Although it is sometimes seen as a new development in the social enterprise sector [ 3 ] that follows in the footsteps of microfinance and microcredit , a form of ...
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Franchise tag, a designation of a player in the US National Football League whose contract is soon to expire that binds them to the team for one year at an enhanced salary; Sports league franchise, or League franchise, a local or regional business franchising operation under a particular sporting league in activities such as pool, darts, etc.
Poplin (formerly SudShare) is an American company which allows people to hire independent contractors [1] to wash, dry, fold, and deliver laundry. [2] SudShare was co-founded in 2018 by Mort and Nachshon Fertel in Baltimore, Maryland, and operates through a mobile app of the same name. [3]
ITC Limited entered the hotel business on 18 October 1975 with the opening of a hotel in Chennai, which was renamed as Welcomhotel By ITC Hotels, Cathedral Road, Chennai. [ 2 ] ITC Hotels has hosted many visiting royalty and world leaders, including George W. Bush , Vladimir Putin , Barack Obama [ 3 ] [ 4 ] [ 5 ] and Donald Trump .
Laundry is hung to dry above an Italian street. A self-service laundry in Paris Laundry in the river in Abidjan, 2006. Laundry is the washing of clothing and other textiles, [1] and, more broadly, their drying and ironing as well. Laundry has been part of history since humans began to wear clothes, so the methods by which different cultures ...