Definition Of franchises
an authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities, e.g., providing a broadcasting service or acting as an agent for a company's products.
Finally, they found individuals interested in purchasing franchises .
grant a franchise to (an individual or group).
Another 24 petroleum dealers who are franchised by several of the other marketing companies are part of the consortium, but others could join, Observer sources say.
the right to vote.
But, of course, the real test of that will only come in a little over two years time when we will all be off to the polling stations to exercise the franchise in another general election.
Example Of franchises
According to the BBC the Strategic Rail Authority, the body that franchises out rail services, is looking to cut the amount of subsidy it gives to train operators.
Allied Domecq Quick Service Restaurants, part of the international Allied Domecq PLC based in England, owns the brands and franchises the units.
And that the Eagles are one of the most stable franchises in sports is a credit to Lurie.
Clever marketing and solid brand management have allowed these two franchises to take ubiquitous foodstuffs, such as pizza and the sandwich and pizza, and make it their own product, their creation.
Does the doughnut business include franchises or company-owned outlets?