Concept information
Preferred term
franchises: starting
Definition
- A franchise is a business opportunity whereby a company, the franchisor, grants exclusive rights to an individual, the franchisee, to market its products or services in a given territory or at a given location. Essentially, it is a prepackaged, turnkey business that one can buy, lease, or sell. [Source: Encyclopedia of New Venture Management; Franchises: Starting]
Broader concept
Belongs to group
URI
http://data.loterre.fr/ark:/67375/N9J-RSSHHNGD-Q
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