noun
- the business practice of granting a license to an individual or company to operate a business using the franchisor's brand, systems, and support in exchange for fees and royalties
Usage: common in business and commerce
verb
- to grant or obtain a franchise; to expand a business by licensing it to independent operators
Usage: present participle of 'franchise'
Examples
- The company is franchising its restaurant concept to entrepreneurs across the country.
- Franchising allows small business owners to start with an established brand and proven business model.
- Many fast-food chains have grown rapidly through franchising.
- The franchisor provides training and ongoing support when franchising their business.
- Franchising requires careful legal agreements to protect both the franchisor and franchisee.
- She invested in franchising a popular coffee shop brand in her city.