Franchising
noun
The process of giving or getting the right to sell a company's products in specific locations.
She decided to go into franchising and now owns three Burger King locations.
Often appears as...
- go into franchising
- franchising agreement
noun
A contractual business arrangement between a brand and a dealer.
Franchising is often used as a business model in the fast-food industry.
Often appears as...
- business franchising
- franchising contract
Usage tips
Formal
Academic
noun
The process of giving or getting the right to sell a company's products in specific locations.
She decided to go into franchising and now owns three Burger King locations.
Often appears as...
- go into franchising
- franchising agreement
noun
A contractual business arrangement between a brand and a dealer.
Franchising is often used as a business model in the fast-food industry.
Often appears as...
- business franchising
- franchising contract
Usage tips
Formal
Academic
Definition 1 of 2
Pro Tip 1/3Corporate Connection
Franchising often involves large businesses and exhibits a corporate tone.
He is interested in franchising because he admires the corporate structure of McDonald's.
Pro Tip 2/3Geographical Limits
Franchising gives specific location rights, which can limit where you operate.
Their franchising deal only allows them to open stores in the Pacific Northwest.
Pro Tip 3/3Personal Investment
Franchising may require personal involvement and investment in the business.
By franchising, she committed to managing the store personally.
Pro Tip 1/3Corporate Connection
Franchising often involves large businesses and exhibits a corporate tone.
He is interested in franchising because he admires the corporate structure of McDonald's.
Pro Tip 2/3Geographical Limits
Franchising gives specific location rights, which can limit where you operate.
Their franchising deal only allows them to open stores in the Pacific Northwest.
Pro Tip 3/3Personal Investment
Franchising may require personal involvement and investment in the business.
By franchising, she committed to managing the store personally.
Pro Tip 1/3Corporate Connection
Franchising often involves large businesses and exhibits a corporate tone.
He is interested in franchising because he admires the corporate structure of McDonald's.
Pro Tip 2/3Geographical Limits
Franchising gives specific location rights, which can limit where you operate.
Their franchising deal only allows them to open stores in the Pacific Northwest.
Pro Tip 3/3Personal Investment
Franchising may require personal involvement and investment in the business.
By franchising, she committed to managing the store personally.
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Video examples
Toby Shapshak: You don't...
and now, like franchising, pay-as-you-go is one of the most dominant forces of economic activity in the world. So I'm going to talk about innovation in Africa, which I think is the purest form, innovation out of necessity. But first, I'm going to ask you some other questions. You don't have to put your hands up.
Video examples
The Real Origin of the...
Very different than the business model where Mom and Pop stores have full ownership, but no similar support. All the examples in my opening question are a franchise operation. Kroc is sometimes credited with inventing franchising,
Video examples
Sanga Moses: Using Waste...
because last year they gave us a grant that helped us rethink our business model. We created something called franchising which helped us, micro franchising. It's not a term we created, but the model,
Video examples
Toby Shapshak: You don't...
and now, like franchising, pay-as-you-go is one of the most dominant forces of economic activity in the world. So I'm going to talk about innovation in Africa, which I think is the purest form, innovation out of necessity. But first, I'm going to ask you some other questions. You don't have to put your hands up.
Video examples
The Real Origin of the...
Very different than the business model where Mom and Pop stores have full ownership, but no similar support. All the examples in my opening question are a franchise operation. Kroc is sometimes credited with inventing franchising,
Video examples
Sanga Moses: Using Waste...
because last year they gave us a grant that helped us rethink our business model. We created something called franchising which helped us, micro franchising. It's not a term we created, but the model,
Example 1 of 3
Quote examples
Fred DeLuca
American Businessman
In 1974, we began franchising. We didn't have any big thought process except that, 'OK, franchising will help us get to our goal of 32 stores and help us run stores farther away from home.
Quote examples
Jan Schakowsky
American Politician
The rise of franchising, contracting, and other similar employment practices has made it harder to enforce worker protections like minimum wages, overtime pay, and the right to unionize.
Quote examples
Fred DeLuca
American Businessman
Higher unemployment generally bodes well for franchising. People are looking for a new opportunity, and people who have jobs are a little less confident they'll always have a job.
Quote examples
Kurt Loder
American Journalist
So, yeah, I think it had a major effect. I think in franchising younger people, it was just an idea that's never been trotted out before, but it makes perfectly good sense.
Quote examples
Fred DeLuca
American Businessman
When we first started the company, I didn't have any thoughts of franchising. We just had company-owned stores.
Quote examples
Henry Silverman
American Businessman
I've always dreamed of franchising an airline, but I haven't been able to figure out how to do it.
Quote examples
Geoff Ryman
Canadian Writer
Franchising implies a financial arrangement, and I am always pleased to consider those.
Quote examples
Fred DeLuca
American Businessman
In 1974, we began franchising. We didn't have any big thought process except that, 'OK, franchising will help us get to our goal of 32 stores and help us run stores farther away from home.
Quote examples
Jan Schakowsky
American Politician
The rise of franchising, contracting, and other similar employment practices has made it harder to enforce worker protections like minimum wages, overtime pay, and the right to unionize.
Quote examples
Fred DeLuca
American Businessman
Higher unemployment generally bodes well for franchising. People are looking for a new opportunity, and people who have jobs are a little less confident they'll always have a job.
Quote examples
Kurt Loder
American Journalist
So, yeah, I think it had a major effect. I think in franchising younger people, it was just an idea that's never been trotted out before, but it makes perfectly good sense.
Quote examples
Fred DeLuca
American Businessman
When we first started the company, I didn't have any thoughts of franchising. We just had company-owned stores.
Quote examples
Henry Silverman
American Businessman
I've always dreamed of franchising an airline, but I haven't been able to figure out how to do it.
Quote examples
Geoff Ryman
Canadian Writer
Franchising implies a financial arrangement, and I am always pleased to consider those.
Example 1 of 7
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