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A franchise is merely a temporary business investment involving renting or leasing an opportunity, not the purchase of a business for the purpose of ownership. It is classified as a wasting asset due to the finite term of the license. Franchise fees are on average 6.7% with an additional average marketing fee of 2%. [10]
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.
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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 ]
In order to qualify for these lists, a franchise must have works in at least three forms of media, and must have two or more separate works in at least two of those forms of media (a television series or comic book series is considered a single work for purposes of this list; multiple spin-off series or reboots of a previously ended series are ...
This agreement is the largest single franchise agreement in the history of Burger King and will make the new Chinese venture the largest BK franchise in the world. The agreement gives the new franchise group control of the existing 63 locations in the country.
Companies can seek to cannibalise their own market shares through market cannibalism (or corporate cannibalism in this particular case), for two predominant reasons: gaining an overall greater market share within a same category of products at the expense of losing a single well established product's market share, or simply because they believe the second product will sell better than the first.
Rayman is a franchise of platform video games, published by Ubisoft. Created in 1995 by French graphic artist Michel Ancel, the main character of the series, Rayman, became an official mascot of its publisher, Ubisoft. The Rayman series does not include the Raving Rabbids series. The franchise has spanned an animated television series. Power Pros