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Meaning of franchising

 

 

 

Franchising

 

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Business glossary

 

Meaning of term franchising :

 

A franchise is a type of business organisation where the owner buys into an existing business idea but they keep control over the business. Franchising is therefore the process of expanding your business by offering business franchises. For the right to use your business name, idea and products the franchisee will pay a franchise fee and usually a royalty.

 

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Franchising

 

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Meaning of term franchising

 

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