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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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