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Q: when a business owner purchases a license that gives them the right to use the name and business practices of a company, this individual owns a
A: when a business owner purchases a license that gives them the right to use the name and business practices of a company, this individual owns a franchise. What is a franchise? A franchise is a right granted to an individual or group to market a company's goods or services within a certain territory or location. Some examples of today's popular franchises are McDonald's, Subway, Domino's Pizza,
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Asked 12/6/2012 5:22:55 PM
Updated 12/6/2012 6:21:37 PM
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when a business owner purchases a license that gives them the right to use the name and business practices of a company, this individual owns a franchise.

What is a franchise? A franchise is a right granted to an individual or group to market a company's goods or services within a certain territory or location. Some examples of today's popular franchises are McDonald's, Subway, Domino's Pizza, and the UPS Store.

Added 12/6/2012 6:21:37 PM
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