Definition:A continuing relationship in which a franchisor provides a licensed
privilege to the franchisee to do business and offers assistance in
organizing, training, merchandising, marketing and managing in
return for a monetary consideration. Franchising is a form of
business by which the owner (franchisor) of a product, service or
method obtains distribution through affiliated dealers
Definition:A regulatory document describing a franchise opportunity that
prospective franchisees have to receive before they pay any money,
sign any papers or, in some cases, even meet with the franchisor
The digital news outlet will offers users a reading experience similar to a text-message conversation. It's the latest in a string of startups and tech companies that are emulating the most basic digital communication format.
No matter what business topic you're interested in, you'll find our category list is an easy way to navigate our small-business encyclopedia. From Accounting and Advertising to Location and Operations, every topic offers information on the terms that matter most. And if you can't find what you need here, our "Terms A - Z" list makes tracking down terms a snap.