franchising

Meanings

• noun

  A business model in which a company allows an individual or group to operate under its name and sell its products or services, in exchange for a fee.

  - "Subway is a well-known franchising company."
  - "Many people dream of owning their own franchising business."
  - "The franchising model allows for rapid expansion of a business."

• noun

  The granting of a license to sell a product or service under a specific brand name.

  - "The franchising agreement outlines the terms of the business relationship."
  - "Franchisees pay a fee to use the franchisor's trademarks and business model."
  - "The franchising industry is a major contributor to the economy."

---

Rhymes

Words rhyming with franchising
chaining , ranching , pranking

---

Variants

List of all variants of franchising that leads to same result
franchise , franchised , franchises , franchising

---

Etymology

origin and the way in which meanings have changed throughout history.

From the Old French word 'franchir', meaning 'to grant freedom'.

---

Trivia

Any details, considerations, events or pieces of information regarding the word

1. The first franchised restaurant was opened in the United States in 1921, when White Castle Burgers began selling franchises.

2. McDonald's is one of the most successful franchising companies in history, with over 38,000 locations worldwide.

---

Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. franchisee: An individual or group that owns and operates a franchised business.

2. franchisor: A company that grants franchises to individuals or groups.

3. franchise agreement: A legally binding contract between a franchisor and franchisee outlining the terms of the business relationship.

---

Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

Franchising has had a significant impact on business and entrepreneurship. It has allowed small businesses to expand rapidly and has given individuals the opportunity to start their own businesses with the support of an established brand.

How to Memorize "franchising"

1. visualize
   

   - Imagine a franchising agreement as a partnership between a business owner and a franchisee.
   - Visualize the process of opening a franchised business, from signing the agreement to training and opening the doors.

2. associate
   

   - Associate the term 'franchising' with the idea of expansion and growth.
   - Think of franchising as a way for small businesses to compete with larger companies.

3. mnemonics
   

   - Remember FAST: Franchising Allows Small Businesses To Expand

---

Memorize "franchising" using Dictozo

The best and recommended way to memorize franchising is, by using Dictozo. Just save the word in Dictozo extension and let the app handle the rest. It enhances the memorization process in two ways:

1. Highlighting:

   Whenever users encounters the saved word on a webpage, Dictozo highlights it, drawing the user's attention and reinforcing memorization.
2. Periodic Reminders:

   Dictozo will send you periodic reminders to remind you the saved word, it will ask you quiz. These reminders could be in the form of notifications or emails, prompting users to recall and reinforce their knowledge.