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Related Definitions
Franking Credit Franking Credit is a sort of tax benefit paid by the company in addition to dividend payouts. Rather than issuing a direct fine, removing these credits...
Franchise Franchise refers to a contractual association between a manufacturer, wholesaler, or service organization (a franchisor) and independent business people (franchisees) who buy...
Franchise organization Franchise organization is a contractual vertical marketing system in which a channel member, called a franchisor, links several stages in the production-distribution process.
Licensing or franchising Licensing or franchising which are similar approaches involving one organization giving another organization the right to use
Franchisee Franchisee refers to an individual or firm that enters into a franchise agreement and pays an initial fee and an ongoing royalty to an franchisor in exchange for using...
Franchise agreement The franchise agreement, or contract, is the document that consummates the sale of a franchise. Franchise agreements vary, but each agreement typically contains tow sections...
Franchise disclosure document (FDD) The franchise disclosure document (FDD) is a lengthy document that contains 23 categories of information that give a prospective franchisee a broad base of information...
Sub franchisees The people who buy franchises from master franchisees are typically called sub franchisees.
Franchisor Franchisor refers to a firm with a successful product or service that enters into a franchising agreement to license its trademark and method of doing business...
Multiple-unit franchisee An individual, who owns and operates more than one outlet of the same franchisor, whether through an area or a master franchise agreement, is called a multiple-unit franchisee.
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