Franchise definition: Copy, customize, and use instantly
Introduction
The term "Franchise" refers to a legal relationship in which a franchisor grants a franchisee the right to operate a business using the franchisor's trademark, brand, or business model. The franchisee typically pays an initial fee and ongoing royalties for the right to operate the franchise and benefit from the franchisor's established business systems, trademarks, and support.
Below are various examples of how "Franchise" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Franchise" as a legal agreement that allows a party (the franchisee) to operate a business under the established brand, trademark, and business model of a franchisor in exchange for payment of fees.
This definition ties "Franchise" to the relationship between the franchisor and franchisee and their financial obligations.
"Franchise" means a legal agreement that allows a party (the franchisee) to operate a business under the established brand, trademark, and business model of a franchisor in exchange for payment of fees.
Definition of "Franchise" as a business model where a franchisor grants the right to an individual or entity (the franchisee) to sell products or services under the franchisor's established name and trademarks.
This definition connects "Franchise" to the business model of selling products and services under an established name.
"Franchise" refers to a business model where a franchisor grants the right to an individual or entity (the franchisee) to sell products or services under the franchisor's established name and trademarks.
Definition of "Franchise" as a contractual relationship in which the franchisor licenses the franchisee to operate a business using its name, trademarks, and operational model, typically in exchange for royalties and a franchise fee.
This definition ties "Franchise" to the contractual aspects and financial components of the relationship.
"Franchise" means a contractual relationship in which the franchisor licenses the franchisee to operate a business using its name, trademarks, and operational model, typically in exchange for royalties and a franchise fee.
Definition of "Franchise" as a business arrangement in which a franchisor provides a franchisee with the rights to operate a franchise unit using its established brand, systems, and support in exchange for payments.
This definition connects "Franchise" to the arrangement of providing business rights and receiving payments.
"Franchise" refers to a business arrangement in which a franchisor provides a franchisee with the rights to operate a franchise unit using its established brand, systems, and support in exchange for payments.
Definition of "Franchise" as the legal authorization granted by a franchisor to a franchisee to operate a business under the franchisor’s trademark, business model, and systems for a specified period.
This definition ties "Franchise" to its legal and operational components, including the time duration.
"Franchise" means the legal authorization granted by a franchisor to a franchisee to operate a business under the franchisor’s trademark, business model, and systems for a specified period.
Definition of "Franchise" as an agreement that allows the franchisee to sell goods and services under the franchisor’s established brand and operating procedures, while adhering to set guidelines.
This definition connects "Franchise" to the operational guidelines and brand use.
"Franchise" refers to an agreement that allows the franchisee to sell goods and services under the franchisor’s established brand and operating procedures, while adhering to set guidelines.
Definition of "Franchise" as a right granted to an individual or business entity (the franchisee) to use a franchisor's business model, branding, and operational support, usually in exchange for a fee and royalties.
This definition connects "Franchise" to the right granted to the franchisee and the associated financial obligations.
"Franchise" means a right granted to an individual or business entity (the franchisee) to use a franchisor's business model, branding, and operational support, usually in exchange for a fee and royalties.
Definition of "Franchise" as a business system in which a franchisor offers the use of its trademarks, products, and operating techniques to franchisees, who pay an initial fee and ongoing royalties for the rights to sell under the franchise.
This definition ties "Franchise" to the use of trademarks, products, and operating techniques under the franchise system.
"Franchise" refers to a business system in which a franchisor offers the use of its trademarks, products, and operating techniques to franchisees, who pay an initial fee and ongoing royalties for the rights to sell under the franchise.
Definition of "Franchise" as a business structure where the franchisee operates a business that is owned by the franchisor, following the franchisor’s business plan and using its branding, in exchange for a fee and royalties.
This definition connects "Franchise" to the ownership and operational structure between the franchisor and franchisee.
"Franchise" means a business structure where the franchisee operates a business that is owned by the franchisor, following the franchisor’s business plan and using its branding, in exchange for a fee and royalties.
Definition of "Franchise" as an arrangement where a business owner (the franchisor) allows another party (the franchisee) to run a similar business using the franchisor’s brand, products, and services.
This definition ties "Franchise" to the operation of a similar business under the franchisor’s brand and services.
"Franchise" refers to an arrangement where a business owner (the franchisor) allows another party (the franchisee) to run a similar business using the franchisor’s brand, products, and services.
Definition of "Franchise" as a method of expanding a business where the franchisor offers the rights to use its trademarks and business model to third parties in exchange for fees and royalties.
This definition connects "Franchise" to its method of business expansion through third-party agreements.
"Franchise" means a method of expanding a business where the franchisor offers the rights to use its trademarks and business model to third parties in exchange for fees and royalties.
Definition of "Franchise" as a partnership between a franchisor and franchisee in which the franchisee is granted the right to operate a business using the franchisor's brand, model, and resources.
This definition ties "Franchise" to the partnership aspect of the relationship and the right granted to the franchisee.
"Franchise" refers to a partnership between a franchisor and franchisee in which the franchisee is granted the right to operate a business using the franchisor's brand, model, and resources.
Definition of "Franchise" as a system where a franchisor licenses the right to operate a business under its established name, trademark, and business practices in exchange for initial fees and ongoing royalties.
This definition connects "Franchise" to its licensing system and the financial relationship involved.
"Franchise" means a system where a franchisor licenses the right to operate a business under its established name, trademark, and business practices in exchange for initial fees and ongoing royalties.
Definition of "Franchise" as a business model that allows a franchisee to operate using the franchisor’s trademark, branding, and business practices, typically governed by a contract that stipulates terms, obligations, and financial arrangements.
This definition ties "Franchise" to its business model and contractual relationship.
"Franchise" refers to a business model that allows a franchisee to operate using the franchisor’s trademark, branding, and business practices, typically governed by a contract that stipulates terms, obligations, and financial arrangements.
Definition of "Franchise" as a commercial agreement in which a franchisor grants a franchisee the right to sell goods or services under the franchisor’s trademark, business model, and guidance.
This definition connects "Franchise" to the commercial agreement and the rights granted to the franchisee.
"Franchise" means a commercial agreement in which a franchisor grants a franchisee the right to sell goods or services under the franchisor’s trademark, business model, and guidance.
Definition of "Franchise" as an agreement in which a franchisor authorizes a franchisee to operate a business using the franchisor’s intellectual property, such as trademarks, logos, and proprietary processes, for a specified period.
This definition ties "Franchise" to its intellectual property components and time-based agreement.
"Franchise" refers to an agreement in which a franchisor authorizes a franchisee to operate a business using the franchisor’s intellectual property, such as trademarks, logos, and proprietary processes, for a specified period.
Definition of "Franchise" as a business relationship where the franchisee is permitted to operate under the franchisor’s established trademark, benefiting from the franchisor’s established brand recognition and business methods.
This definition connects "Franchise" to the benefits of established brand recognition and methods.
"Franchise" means a business relationship where the franchisee is permitted to operate under the franchisor’s established trademark, benefiting from the franchisor’s established brand recognition and business methods.
Definition of "Franchise" as an arrangement where the franchisee buys into the franchisor’s brand and operating system, benefiting from established business practices and customer recognition in exchange for fees.
This definition ties "Franchise" to the buying-in process and the benefits of brand and operational support.
"Franchise" refers to an arrangement where the franchisee buys into the franchisor’s brand and operating system, benefiting from established business practices and customer recognition in exchange for fees.
Definition of "Franchise" as an arrangement in which the franchisor provides the franchisee with the right to operate a business using the franchisor’s brand, trademark, and operational model in exchange for initial fees and ongoing royalties.
This definition connects "Franchise" to the business arrangement and the financial obligations involved.
"Franchise" means an arrangement in which the franchisor provides the franchisee with the right to operate a business using the franchisor’s brand, trademark, and operational model in exchange for initial fees and ongoing royalties.
Definition of "Franchise" as a business model where a franchisee is granted the right to operate a business under the franchisor’s brand, following established procedures, and providing agreed payments to the franchisor.
This definition ties "Franchise" to the business model and the relationship between the franchisor and franchisee.
"Franchise" refers to a business model where a franchisee is granted the right to operate a business under the franchisor’s brand, following established procedures, and providing agreed payments to the franchisor.
Definition of "Franchise" as a commercial arrangement in which the franchisor licenses the franchisee to use its trademark, business model, and intellectual property in exchange for payments and adherence to operational standards.
This definition connects "Franchise" to the commercial licensing arrangement and operational standards.
"Franchise" means a commercial arrangement in which the franchisor licenses the franchisee to use its trademark, business model, and intellectual property in exchange for payments and adherence to operational standards.
Definition of "Franchise" as a contract where the franchisor grants the franchisee the right to operate a business using its established brand and systems, subject to the franchisee meeting performance requirements.
This definition ties "Franchise" to the contractual relationship and performance requirements.
"Franchise" refers to a contract where the franchisor grants the franchisee the right to operate a business using its established brand and systems, subject to the franchisee meeting performance requirements.
Definition of "Franchise" as a system where the franchisor provides the franchisee with the right to run a business under its established branding and operational procedures in exchange for fees and ongoing royalties.
This definition connects "Franchise" to the system and payment structure.
"Franchise" means a system where the franchisor provides the franchisee with the right to run a business under its established branding and operational procedures in exchange for fees and ongoing royalties.
Definition of "Franchise" as an agreement that allows the franchisee to operate a business under the franchisor’s name and guidelines, offering an established brand, support, and training in exchange for fees and a percentage of sales.
This definition ties "Franchise" to the support and training offered by the franchisor in exchange for financial arrangements.
"Franchise" refers to an agreement that allows the franchisee to operate a business under the franchisor’s name and guidelines, offering an established brand, support, and training in exchange for fees and a percentage of sales.
Definition of "Franchise" as a contractual arrangement where the franchisee is granted the right to sell products or services using the franchisor’s trademark, operating systems, and marketing strategies.
This definition connects "Franchise" to the trademark, operating systems, and marketing strategies provided by the franchisor.
"Franchise" means a contractual arrangement where the franchisee is granted the right to sell products or services using the franchisor’s trademark, operating systems, and marketing strategies.
Definition of "Franchise" as a partnership between a franchisor and franchisee, where the franchisee operates a business under the franchisor’s brand and adheres to established business practices, with ongoing payments to the franchisor.
This definition ties "Franchise" to the partnership and business practices that are followed by the franchisee.
"Franchise" refers to a partnership between a franchisor and franchisee, where the franchisee operates a business under the franchisor’s brand and adheres to established business practices, with ongoing payments to the franchisor.
Definition of "Franchise" as an arrangement in which a franchisor allows a franchisee to operate a business using its established name, trademark, and proprietary knowledge, while paying for the privilege.
This definition connects "Franchise" to the right to use the franchisor’s intellectual property and brand.
"Franchise" means an arrangement in which a franchisor allows a franchisee to operate a business using its established name, trademark, and proprietary knowledge, while paying for the privilege.
Definition of "Franchise" as a relationship where a franchisee is granted the right to operate a business based on a proven business model, supported by the franchisor’s training, guidance, and intellectual property.
This definition ties "Franchise" to the proven business model, support, and intellectual property.
"Franchise" refers to a relationship where a franchisee is granted the right to operate a business based on a proven business model, supported by the franchisor’s training, guidance, and intellectual property.
Definition of "Franchise" as a system in which an established business allows independent entrepreneurs (the franchisees) to use its brand, marketing tools, and operational procedures in exchange for a franchise fee and ongoing royalties.
This definition connects "Franchise" to the system and financial obligations between franchisor and franchisee.
"Franchise" means a system in which an established business allows independent entrepreneurs (the franchisees) to use its brand, marketing tools, and operational procedures in exchange for a franchise fee and ongoing royalties.
Definition of "Franchise" as an arrangement where the franchisor offers a license to the franchisee to operate a business under its established trademark and operational guidelines, with the franchisee providing a payment in return.
This definition ties "Franchise" to the licensing agreement and payment arrangement.
"Franchise" refers to an arrangement where the franchisor offers a license to the franchisee to operate a business under its established trademark and operational guidelines, with the franchisee providing a payment in return.
Definition of "Franchise" as a method of business expansion in which a franchisor licenses its trademark, operating system, and support to franchisees, allowing them to operate businesses under the franchisor’s brand.
This definition connects "Franchise" to its role as a method of business expansion.
"Franchise" means a method of business expansion in which a franchisor licenses its trademark, operating system, and support to franchisees, allowing them to operate businesses under the franchisor’s brand.
Definition of "Franchise" as an agreement that grants a franchisee the right to sell goods and services under the franchisor’s established name, trademarks, and operational framework, subject to specified conditions and payments.
This definition ties "Franchise" to the granting of rights under specific conditions.
"Franchise" refers to an agreement that grants a franchisee the right to sell goods and services under the franchisor’s established name, trademarks, and operational framework, subject to specified conditions and payments.
Definition of "Franchise" as a business arrangement in which a franchisor grants a franchisee the right to use its trademark, business model, and intellectual property in exchange for ongoing fees and compliance with operating standards.
This definition ties "Franchise" to the ongoing fees and operating standards required for compliance.
"Franchise" means a business arrangement in which a franchisor grants a franchisee the right to use its trademark, business model, and intellectual property in exchange for ongoing fees and compliance with operating standards.
Definition of "Franchise" as a type of commercial agreement where a franchisor permits a franchisee to operate a business using the franchisor’s business name, trademark, and operating systems, subject to contract terms.
This definition connects "Franchise" to the commercial agreement and the terms that are outlined in the contract.
"Franchise" refers to a type of commercial agreement where a franchisor permits a franchisee to operate a business using the franchisor’s business name, trademark, and operating systems, subject to contract terms.
Definition of "Franchise" as an established business model that allows the franchisee to operate under the franchisor’s name and guidelines, benefiting from brand recognition and operational support.
This definition ties "Franchise" to its operational support and brand recognition benefits.
"Franchise" means an established business model that allows the franchisee to operate under the franchisor’s name and guidelines, benefiting from brand recognition and operational support.
Definition of "Franchise" as an agreement where a franchisee purchases the right to operate a business under the franchisor’s established brand, benefiting from the franchisor’s marketing, support, and operational systems.
This definition ties "Franchise" to the benefits of marketing and operational systems provided by the franchisor.
"Franchise" refers to an agreement where a franchisee purchases the right to operate a business under the franchisor’s established brand, benefiting from the franchisor’s marketing, support, and operational systems.
Definition of "Franchise" as a business relationship in which the franchisee is granted the right to operate a business under the franchisor’s trademark and using the franchisor’s intellectual property in exchange for a set fee and royalties.
This definition connects "Franchise" to the fee structure and use of intellectual property.
"Franchise" means a business relationship in which the franchisee is granted the right to operate a business under the franchisor’s trademark and using the franchisor’s intellectual property in exchange for a set fee and royalties.
Definition of "Franchise" as a business arrangement where the franchisee is granted the right to operate a business under the franchisor’s established trademark, business model, and operational procedures.
This definition ties "Franchise" to the arrangement in which a business is operated under the franchisor’s model.
"Franchise" means a business arrangement where the franchisee is granted the right to operate a business under the franchisor’s established trademark, business model, and operational procedures.
Definition of "Franchise" as a business relationship where a franchisor grants a license to a franchisee to use its brand and operational model to open and operate a business.
This definition connects "Franchise" to the licensing agreement between the franchisor and franchisee.
"Franchise" refers to a business relationship where a franchisor grants a license to a franchisee to use its brand and operational model to open and operate a business.
Definition of "Franchise" as an agreement between a franchisor and a franchisee where the franchisee gains the right to sell the franchisor’s products or services under the franchisor’s trademark and operational systems.
This definition ties "Franchise" to the specific right to sell products or services under the franchisor's trademark.
"Franchise" means an agreement between a franchisor and a franchisee where the franchisee gains the right to sell the franchisor’s products or services under the franchisor’s trademark and operational systems.
Definition of "Franchise" as a contractual relationship that allows the franchisee to operate a business using the franchisor’s established brand and systems, typically in exchange for a franchise fee and royalties.
This definition connects "Franchise" to the contractual aspects and financial obligations.
"Franchise" refers to a contractual relationship that allows the franchisee to operate a business using the franchisor’s established brand and systems, typically in exchange for a franchise fee and royalties.
Definition of "Franchise" as a form of business expansion where the franchisor licenses its intellectual property, trademark, and systems to franchisees in exchange for payment.
This definition ties "Franchise" to its role in business expansion and the licensing of intellectual property.
"Franchise" means a form of business expansion where the franchisor licenses its intellectual property, trademark, and systems to franchisees in exchange for payment.
Definition of "Franchise" as a business arrangement in which a franchisor provides the franchisee with the right to operate a business using the franchisor’s trademark and established business model, with ongoing support.
This definition connects "Franchise" to the right granted by the franchisor and the ongoing support provided.
"Franchise" refers to a business arrangement in which a franchisor provides the franchisee with the right to operate a business using the franchisor’s trademark and established business model, with ongoing support.
Definition of "Franchise" as an agreement in which the franchisee gains access to the franchisor’s trademark, business model, and proprietary systems to operate a business under specific terms and conditions.
This definition ties "Franchise" to the access granted to the franchisee and the terms they must follow.
"Franchise" means an agreement in which the franchisee gains access to the franchisor’s trademark, business model, and proprietary systems to operate a business under specific terms and conditions.
Definition of "Franchise" as a business model that allows individuals or businesses to operate a location of an established brand, benefiting from training, support, and brand recognition in exchange for fees.
This definition connects "Franchise" to the model of business operation and the benefits received by the franchisee.
"Franchise" refers to a business model that allows individuals or businesses to operate a location of an established brand, benefiting from training, support, and brand recognition in exchange for fees.
Definition of "Franchise" as an agreement where the franchisee operates a business under the franchisor’s name, trademark, and operational procedures, benefiting from brand recognition and operational efficiencies.
This definition ties "Franchise" to the operational procedures and efficiencies provided by the franchisor.
"Franchise" means an agreement where the franchisee operates a business under the franchisor’s name, trademark, and operational procedures, benefiting from brand recognition and operational efficiencies.
Definition of "Franchise" as a contractual relationship where the franchisee is authorized to sell goods or services under the franchisor’s brand and business model, and provides ongoing payments to the franchisor.
This definition connects "Franchise" to the authorization to sell goods or services and the payments made to the franchisor.
"Franchise" refers to a contractual relationship where the franchisee is authorized to sell goods or services under the franchisor’s brand and business model, and provides ongoing payments to the franchisor.
Definition of "Franchise" as a legal arrangement that grants the franchisee the right to operate a business using the franchisor’s brand and operational systems, in exchange for an initial fee and royalties.
This definition ties "Franchise" to its legal nature and the financial structure involved.
"Franchise" means a legal arrangement that grants the franchisee the right to operate a business using the franchisor’s brand and operational systems, in exchange for an initial fee and royalties.
Definition of "Franchise" as an agreement where a franchisor provides the franchisee with access to their trademark, business methods, and ongoing support in exchange for fees and adherence to operational guidelines.
This definition connects "Franchise" to the support and guidelines provided by the franchisor.
"Franchise" refers to an agreement where a franchisor provides the franchisee with access to their trademark, business methods, and ongoing support in exchange for fees and adherence to operational guidelines.
Definition of "Franchise" as a type of license agreement that allows the franchisee to operate a business using the franchisor’s branding, systems, and operational processes under specific terms and conditions.
This definition ties "Franchise" to its license agreement and the specific terms involved.
"Franchise" means a type of license agreement that allows the franchisee to operate a business using the franchisor’s branding, systems, and operational processes under specific terms and conditions.
Definition of "Franchise" as a model where the franchisor offers the use of its established brand, trademarks, and operational expertise to franchisees, who then operate businesses under these guidelines.
This definition connects "Franchise" to the expertise and brand offered by the franchisor.
"Franchise" refers to a model where the franchisor offers the use of its established brand, trademarks, and operational expertise to franchisees, who then operate businesses under these guidelines.
Definition of "Franchise" as an arrangement where the franchisor allows the franchisee to operate a business using the franchisor’s business model and branding, and the franchisee is responsible for meeting performance standards.
This definition ties "Franchise" to the performance standards that franchisees must meet.
"Franchise" means an arrangement where the franchisor allows the franchisee to operate a business using the franchisor’s business model and branding, and the franchisee is responsible for meeting performance standards.
Definition of "Franchise" as a legal relationship where the franchisee is given the right to sell products or services using the franchisor’s trademark, in exchange for fees and adherence to the franchisor’s guidelines.
This definition ties "Franchise" to the trademark use and the financial obligations of the franchisee.
"Franchise" refers to a legal relationship where the franchisee is given the right to sell products or services using the franchisor’s trademark, in exchange for fees and adherence to the franchisor’s guidelines.
Definition of "Franchise" as a type of licensing agreement where the franchisee is authorized to use the franchisor’s brand, business model, and processes to operate a business, subject to payment of fees and following specific rules.
This definition connects "Franchise" to its licensing nature and the obligations imposed on the franchisee.
"Franchise" means a type of licensing agreement where the franchisee is authorized to use the franchisor’s brand, business model, and processes to operate a business, subject to payment of fees and following specific rules.
Definition of "Franchise" as an agreement where the franchisor offers its brand and operational system to a franchisee in exchange for an upfront franchise fee and ongoing payments based on revenue.
This definition ties "Franchise" to the upfront fees and ongoing payments based on revenue.
"Franchise" refers to an agreement where the franchisor offers its brand and operational system to a franchisee in exchange for an upfront franchise fee and ongoing payments based on revenue.
Definition of "Franchise" as an arrangement where a franchisee operates a business using the franchisor’s established trademarks, brand name, and business practices, providing the franchisor with ongoing financial compensation.
This definition connects "Franchise" to the ongoing financial compensation to the franchisor.
"Franchise" means an arrangement where a franchisee operates a business using the franchisor’s established trademarks, brand name, and business practices, providing the franchisor with ongoing financial compensation.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.