What Is A Franchise?

1.	What Is A Franchise?
Answer» A franchise is a contractual agreement between the franchisor and franchisee which allows the franchise to conduct BUSINESS under an established name as per a PARTICULAR business format in return for a fee or COMPENSATION. Franchising can be a product or TRADEMARK where the franchise sells the PRODUCTS under franchisor name. A franchise is a contractual agreement between the franchisor and franchisee which allows the franchise to conduct business under an established name as per a particular business format in return for a fee or compensation. Franchising can be a product or trademark where the franchise sells the products under franchisor name.

Answer»

A franchise is a contractual agreement between the franchisor and franchisee which allows the franchise to conduct BUSINESS under an established name as per a PARTICULAR business format in return for a fee or COMPENSATION. Franchising can be a product or TRADEMARK where the franchise sells the PRODUCTS under franchisor name.

A franchise is a contractual agreement between the franchisor and franchisee which allows the franchise to conduct business under an established name as per a particular business format in return for a fee or compensation. Franchising can be a product or trademark where the franchise sells the products under franchisor name.

Discussion

No Comment Found

Related InterviewSolutions

State The Characteristics Of Super Markets?
What Is A Category Killer?
State The Factors Affecting Indian Retail Industry?
What Are The Services Performed By Retailers To Wholesalers?
What Are Leased Departments?
Who Are Catalogue Retailers?
Who Are Off- Price Retailers?
What Is A Speciality Store?
State The Uses Of Retailing?
What Is A Consumer Cooperative?