franchise in a sentence
n.
📚 Grade Level: Grade 9, Grade 10, Grade 11, Grade 12
Definition
Franchise: a business model in which individuals or companies are granted the rights to operate a business using the brand and operational systems of an established company.
Sample Sentences
- A fast-food franchise can be a lucrative investment for aspiring entrepreneurs.
- The franchise model allows businesses to expand rapidly without incurring significant debt.
- Many popular brands have built their success on a strong franchise network across the country.
- He decided to purchase a franchise rather than start his own business from scratch.
- The annual franchise convention showcased new products and strategies for franchisees.
- The fast-food franchise has expanded to over a hundred locations across the country.
- She decided to invest in a franchise to take advantage of the established brand recognition.
- Franchising allows entrepreneurs to operate their businesses under a proven model.
- The company’s franchise agreement includes training and ongoing support for new owners.
- He was thrilled to learn that his favorite coffee shop was opening as a franchise nearby.