Exemption from constraint or oppression; freedom; liberty.
The district or jurisdiction to which a particular privilege extends; the limits of an immunity; hence, an asylum or sanctuary.
To make free; to enfranchise; to give liberty to.
A form of business agreement in which a firm which already has a product or service (the franchisor) enters into a continuing contractual relationship with other businesses (franchisees). Franchisees operate under the franchisor's intellectual property and intellectual assets generally, including trade name and usually with the franchiser's guidance, in exchange for a fee(s).
A licence to trade using an existing business name. The initial licence and start-up stock is purchased for a lump sum, and an ongoing commission is paid to the licenceholder on trading turnover.
A form of business organization in which a firm which already has a successful product or service (the franchisor) enters into a continuing contractual relationship with other businesses (franchisees) operating under the franchisor's trade name and usually with the franchisor's guidance, in exchange for a fee. see also royalty.
An organization that grants a license to a group of merchants to market a company's goods or services in a particular territory, and wants to provide bankcard processing to its members from First Data.
A privilege granted to conduct certain service businesses, such as a franchise real estate brokerage. The private contractual right to operate a business using a designated trade name and the operating procedures of the parent company (the franchisor). Such firms as Century 21 and Coldwell Banker operate national franchise brokerages.
Basically a contract to distribute and sell a parent company's goods and/or services, usually in a specific geographic area. This is a right or license granted to another to use the recognized trademark and trade name, and the proprietary procedures, of the franchisor, in connection with the sale of a service or good. The franchisor typically dictates to the franchisee to a certain extent the procedures that the franchisee must follow in the operation of the franchised business.
authorisation to sell a company's goods and services in a certain area, using that company's name. For example, some fast food chains sell franchises as business opportunities.
a licence or agreement from a company - the franchiser - to sell a particular process. Page 63
A franchise is a form of licensing. The franchiser provides his services through a series of franchisees. Before investing in any franchise, check with the International Franchise Association at 1 800 543 1038 to see if the franchise is a member in good standing.
A form of license agreement where the contract established involves a continuing relationship.
The right or license to an exclusive territory or market.
This is a more specific form of licensing. The franchise is given the right to use a set of manufacturing or service delivery processes, along with established business systems or trademarks, and to control their use by contractual agreement.
an authorization to sell a company's goods or services in a particular place
grant a franchise to
a business and business have bad years its normal so he needs just deal with it every once an awhile
a business arrangement that gives you the right to sell a product or service in a particular area
a business arrangement where a franchisor sells business idea and methodology or a
a business arrangement which allows a business to operate under the name of an established brand, like Macdonald's
a business arrangement which allows another person to operate under the name of the established brand
a business bearing a well-known brand and marketing a well-known set of goods or services under an agreement with the corporation that owns that brand and developed those goods or services
a business kit
a business that needs a huge network of stores or outlets
a business that sells the right to use its name, trademark, and products to individual business owners to open and operate businesses under the company's name
a business where you do not have to think of everything, of every little detail
a commercial bonding between the owner of a service mark, trademark, trade name, or advertising symbol
a company which is licensed to make use of certain brand names and business plans from the brand corporation
a contract between a company and the City
a contract or agreement granting the right to sell or distribute goods or services under a marketing plan prescribed in substantial part by a franchisor
a contract with an exhibitor which extends over a period of more than a motion picture season and covers the exhibition of features released by the distributor during the period of the agreement
a good solution as it provides access to a business idea that is already working and the backup and experience of people who have already made it work
a grant by an agency of a right to occupy or use the inalienable property of the city to provide a public service such as a private bus line or bus stop shelters
a grant of the right to use public property in a particular way
a intriguing business and studying more about it can be extremely fulfilling
a legal agreement between a municipality and a utility describing how the utility will work within a city's rights of way
a license to operate an individually owned business as though it were part of a chain of outlets or stores
a license to organize a business that markets products manufactured or owned by a parent company, such as a Kwik Copy, Sleep Inn, McDonald's, Play It Again Sports, or other businesses
a license to use a trademark in exchange for payment of fees or royalties and involves some material assistance from or control by the trademark owner
a long term contract that, roughly speaking, specifies many basic rules for operating a business but leaves temporary or unique problems to the discretion of the local operator
a method a company uses to distribute its products and/or services through retail outlets owned by independent, third party operators
a method of marketing and distributing goods and services
a method of selling and distributing goods and services
an agreement between a company and another party in which the company provides the other party with the right to use the firm's name and sell or rent its products
an agreement between the franchiso
an agreement between two legally independent parties in which the licensing of the trademark is a crucial component
an agreement by a dealership to sell a particular vehicle line
an agreement in which one business grants another business the right to distribute its product or services
an agreement to conduct business using a specific product or method of operation
an alternative way to start a business
an arrangement between at least two parties, in which one party pays the other a fee for the right to engage in a particular business venture
an arrangement whereby a private organization is awarded monopoly privileges to provide a service
a network of business relationships
an example of a contractual vertical marketing system
an example of a contractual VMS
an independantly owned business which pays a fee to an external company, in order to license their name, and to use them as a supplier
a privilege granted an individual or corporation to carry on some line of public service usually within a municipality
a privilege granted or sold to use a name or to sell products or services - or a combination of all three
a product or service delivery system, whereby the end-provider has purchased a proven business system
a proven way to do business
a retail outlet owned by independent, third party operators through which a company distributes its products or services
a right given to a private person or corporation to market a given product within a certain area
a right or license awarded by a company to an individual to market its products or services in exchange for a certain fee
a right or privilege granted by a sovereign to one or more parties to do some act or acts which they could not do without this grant from the sovereign power
a right, privilege, or power of public concern, which ought not to be exercised by private individuals at their mere will and pleasure, but should be reserved for public control and administration
a small business, and the normal failure rate on this type of investment, as restaurant owners and department-store managers well know, is certainly not zero
a special privilege granted by a local government which generally does not belong to citizens as a common right
a special privilege that should be construed strictly against the grantee
a special right or privilege of a public nature that is conferred by governmental authority upon a person or corporation to do some act or acts, which generally does not belong to citizens by common right
a stirring business and studying more about it can be very profitable
a system for distributing and marketing a product or service, such as the right to sell a certain brand of fast-food hamburgers
a trademark license that includes duties and obligations that define the operation of an entire business
a turnkey business which means it has everything you need to get started
a xojaz and commercial relationship between the owner ez a trademark, service mark, trade name, or advertising symbol and an individual or group macpusv to use vnuh identification in a business
The term 'franchising' covers a variety of arrangements in which the owner of of a product, process, service or even just a name (in the terms of a celebrity) allows someone else to use it in exchange for some payment. Partnership? A business owned and run by more than one person
Contractual agreement between a cable operator and a governmental entity which defines the rights and responsibilities of each in the construction and operation of a cable system within a specified geographic area.
The franchise is a grant of right or privilege to occupy or use public streets and ways and facilities located on public streets and ways to deliver service to consumers. Franchises are historically, and typically, granted by local governments.
1. A license sold by one firm to another, allowing it to produce or sell a product or service under specific terms or conditions; 2. A right inferred or granted by a legislative body. It is a contract right and cannot be revoked without cause.
The right to be and exercise the powers of a corporation
A privilege or right officially granted you to offer specific products or services under explicit guidelines at a certain location for a declared period of time.
The right to market a service and/or product often exclusive for a specified area, as granted by the manufacturer, developer or distributor in return for a fee: prevalent in the fast food industry but increasingly adopted within the hotel community.
A type of agreement between companies which allows one to use the trademark, brand name, or copyright of another.
Term used in the cable industry. The awarding of a geographic area to a cable operator buy a local government for the purpose of providing cable television service.
authorization granted by a manufacturer or distributor to sell its products or services
A license or similar legal authority to provide service at retail in a given geographic area. An exclusive franchise is a monopoly to provide service in that area.
A limited monopoly awarded to an organisation private company to deliver a particular MSWM service, in a defined area for a fixed period. Generally the private company provides a performance bond to the municipality and pays a license fee to cover costs of monitoring service provision.
A special privilege conferred by a government on an individual or corporation to occupy and use the public ways and streets for benefit to the public at large. Local distribution companies typically have exclusive franchises for utility service granted by state or local governments.
A legal agreement that allows one organization with a product, idea, name or trademark to grant certain rights and information about operating a business to an independent business owner. In return, the business owner (franchisee) pays a fee and royalties to the owner.
A consent or permission from a municipality (a township, village, city, or other local government unit) that authorizes a public utility company to use the public streets and alleys for the construction of utility facilities or to conduct business within its jurisdiction.
A contract between state and /or local government and a cable television service awarding the right to install cable service in a community.
Some estate agencies carry on business in terms of a franchise, ie. they have an agreement with another party (usually a well- known company) to carry on business in a particular area under the latter's name.
establishment that has the right to exercise the powers of a corporation.
Contractual agreement between a CATV operator and the governing municipal authority. Under federal regulation a franchise, certificate, contract or any other agreement amounts to a license to operate.
An agreement where the franchisor (a primary company) provides a market tested business package to a local business (the franchisee). The latter then operates under the franchisor's trade name, marketing goods according to an agreed contract.
a business arrangement undertaken for the purpose of marketing a product or service. One party (the franchiser) provides marketing and selling expertise for a fee to another party (the franchisee) who in turn sells the product or service in the marketplace.
Where a business idea, process, product, name etc is allowed to be used by a business eg: MacDonalds, Subwayâ€¢ Businesses
Right to cast vote in the public elections.
An agreement under which the franchisor (owner of the rights) licenses the franchisee (the business owner) the right to sell a given product/service or to use certain trademarks or trade names, usually within a designated area.
The rights you acquire to offer designated products or services under specific guidelines at a certain location for a stated period of time.
Agreement granted by a municipality giving an entity the legal right to conduct business within a township, village, city or other local government unit.
an agreement enabling a third party to sell or provide products or services owned by a manufacturer or supplier. The franchise is regulated by a franchise contract, or franchise agreement, that specifies the terms and conditions of the franchise.
hauler: Any waste hauler that has a contract granted by a county board of supervisors, after a competitive bidding process, for the collection, disposal or destruction, or any combination thereof, of garbage, waste, offal or debris. The terms and conditions of the "franchise" are set forth in a written agreement, which may not last longer than 25 years. ( Public Resources Code section 49201 (a)) Cities may adopt similar contracts by resolution or ordinance. ( PRC section 49300).
Using the franchising concept, Canada Post is providing to private retailers its products and services and access to its processing and delivery network. In return, private retailers are offering to Canada Post their retailing expertise in an already existing host business and the capital investment needed to provide the service. (franchise)
A contractual agreement on a brand, service, name, operation or procedure.
a business model where a franchisee purchases the right to trade in goods or services, within the terms of a franchise agreement.
Agreement between local government and cable system operator permitting exclusive service in a geographic area. Rarely, two cable operators are granted franchises to compete in the same area.
The privilege of using a company name on a restaurant, secured through a contract between the individual who wishes to own the restaurant and the named company.
(1) A right or privilege conferred by law, e.g., Right to operate a railroad or a bus service. (2) A contractual right to engage in a particular business using a trade name or designation owned by another person.
The right or license granted to an individual or group (franchisee) to market a company's (franchisor's) goods or services in a particular geographic territory.
A privilege or exceptional right (typically, rights of jurisdiction) granted by the sovereign power to a person or body or persons (such as a monastery). (Warren, W.L. Henry II, 634) Related terms: Burgess / Charter of Franchise / Liberty
franchises have become very popular over the past few years with the rapid growth of chain stores and restaurants. In essence a franchise is a license or right to use a brand, style, name or method of doing business or producing a product which is owned by another person. In return for a payment the franchisee is granted a franchise by the franchiser who retains the rights to whatever is the subject of the franchise and can even lay down strict rules as to how the franchise is exercised - for example how a logo will be displayed or how the inside of a shop will look.
A right or privilege conferred by Law or Contract.
The rights you acquire to offer specific products or services within a certain location for a declared period of time.
The authorization to do business using the name and operating methods of another. In income property lending, a franchise may have value as an additional security. It may also be assigned to the lender.
An agreement, whether written or oral, for consideration, by which a person permits the distribution of goods or services under his trademark, service mark or tradename, during which time the grantor retains control over others or renders significant assistance to others. (This definition is substantially that of the Federal Trade Commission. See the Final Interpretive Guides, Federal Register, Vol. 44, No 166, Friday, August 24, 1979, p. 49.966 et.seg.) Counsel should also research definitions in controlled jurisdictions, applicable case law and formal and informal opinions rendered by State and Federal regulatory authorities.
A license for one party to set up and run a venture in a particular area for a specific period of time, using the trading name and business format of another party.
The agreement (contract) that gives special rights to the franchisee type of business related to franchise
A franchise gives a utility the legal right to conduct business within a township, village, city or other local government unit.
allies who enjoyed all the rights of Roman citizenship except that they could not vote or hold Roman offices. They were subject to Roman taxes and calls for military service, but ran their own local affairs. (p. 129)
A business such as McDonald's which has an established name and reputation and whose methods and marketing procedures are provided to independent operators to use in return for a fee.
the right to vote
An office that is operating under licence by a franchisor
A business in which the owner (franchisor) of a product, service, or method obtains distribution through affiliated dealers (franchisees) and offers assistance in such areas as organizing, training, marketing and managing in return for a consideration.
Is a licence covering three key elements: - The ability of the franchisee to use the franchisor's name and marks. The control and the assistance given by the franchisor to the franchisee as he runs his own business. A payment by the franchisee to the franchisor of a franchise fee for the licence.
A dealer's licence to sell a particular make of motorhome
a right or privilege granted to a person or corporation
An arrangement between a franchisor and franchisee through which the franchisee uses the company name of the franchisor and is provided specified business services in exchange for a franchise fee. The fee is usually an initial purchase requirement plus an ongoing percentage of gross sales of the business.
a privilege or right granted to a person or group by a government, state, king, or queen
A method of business operation that is purchased from a franchisor with the rights to operate the business under a franchise agreement, running it in line with already established policies and procedures.
An entity that has been licensed to sell the product of a manufacturer or to offer a particular service in a given area.
A legal and commercial relationship between the owner of a trademark, service mark, trade name, or advertising symbol and an individual or group wishing to use that identification in a business.
A business relationship where the franchisor - who owns the company - passes on their know how, experience and support to the franchisee who trades under that companyâ€(tm)s name, selling their products or services.
The right granted to a franchisee to offer specific products or services, usually within a certain area or from a certain location and valid for a stipulated period of time.
A business relationship in which an owner (the franchisor) licenses others (the franchisees) to operate outlets using business concepts, property, trademarks and tradenames owned by the franchisor.
An arrangement through which the franchisee uses the company name of the franchiser and is provided specified business services in exchange for a franchise fee, usually an initial purchase requirement and an ongoing percentage of gross sale of the business (Jack C. Harris and Jack P. Friedman, Barron's Real Estate Handbook, 1993).
An exclusive dealership awarded by a business firm or government.
Legal arrangement whereby the owner of a trade name, franchisor, contracts with a party that wants to use the name on a non-exclusive basis to sell goods or services, franchisee. Frequently, the franchise agreement grants strict supervisory powers to the franchisor over the franchisee which, nevertheless, is an independent business.
The right to sell products or services under a corporate name or trade mark (established by someone else). This right is usually purchased for cash in addition to a royalty fee on, or a percentage of, all sales.
A right granted by the government to a person or corporation, such as a taxi permit, bus route, an airline's use of a public airport, business license or corporate existence.
A contract between a cable television company and a municipal government authorizing the company to install cable and offer cable television service within the community.
a business relationship whereby the owner of a business licenses others to use the name of his business
(1) A statutory right which could not be exercised in the absence of the statute, such as the statutes enabling persons to form a corporation. Since a corporation is created by the statute, it could not be formed except by the grant of the legislature. (2) A combination of individual ownership and central control. One may own a fast food restaurant, hotel, hardware store, etc., yet use the name of a national company. Each individual owner pays for the name use, advertising, and may be required to make certain purchases (napkins, buns, etc.) from the national company. The real estate brokerage business was slow to use the franchise method, but now has many companies operating in this manner.
A license granted by a business or company allowing a designee to operate a franchise and market products or services in a fixed geographic area. Usually consummated with an initial cash requirement, the agreement may offer consultation, financing, promotional, or other stated benefits on an arranged percentage of sales basis.