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Franchise agreement - Definition and Overview |
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- This article or section should be merged with Franchising
Franchise agreement. An arrangement whereby someone with a good idea for a business sells the rights to use the businesses name and sell a product or service to others in a given territory. Usually arranged by contract.
A franchise agreement will usually specify the given territory the franchisee can use as well as the extent to which the franchisee will be supported by the central company. Support usually coming through marketing campaigns.
A franchise agreement can apply to a certain national region, nation, or geographical region.
Best known franchises
See also
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Example Usage of Franchise |
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GordoTF: I been MIA but I'm back time to get the follower number up I appreciate all the followers new n old... spread the word TEAM Franchise ENT.!! |
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khagenniehaus: did you know that 10% of the proceeds from the Twilight Franchise go to the Mormon Church? Fuck you, Stephanie Meyer!! |
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EveningBuzz: BTW...Congrats to Bengals for completing the first sweep of your division in Franchise history. If there is a teams... http://bit.ly/8Qj0BL |
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