skip to main content
LOTERRE

LOTERRE

Search from vocabulary

Content language

| español français
Search help

Concept information

Preferred term

franchises: starting  

Definition(s)

  • 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(s)

Belongs to group

URI

http://data.loterre.fr/ark:/67375/N9J-RSSHHNGD-Q

Download this concept: