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The word franchise is of Anglo-French derivation—from franc, meaning 'free'—and is used both as a noun and as a (transitive) verb. [2] For the franchisor, use of a franchise system is an alternative business growth strategy, compared to expansion through corporate owned outlets or "chain stores". Adopting a franchise system business growth ...
F45 Training is an Australian franchiser and operator of fitness centers based in Austin, Texas. It has around 1,600 studios in over 60 countries across Australia/Oceania, North America, South America, Asia, Europe and Africa. [1] The fitness franchise was launched in 2011 by Adam Gilchrist and Rob Deutsche.
Microfranchising is a tool designed specifically to assist these entrepreneurs to become more successful and reach economic self-reliance, through the provision of successful business models with the necessary initial and on-going training needed to succeed.
The costs start with a $45,000 initial franchise fee, plus additional charges for training, development, royalties and more. Then, there is the big-ticket item of the actual building fee, plus the ...
A master franchise is a franchise relationship in which the owner of the franchise brand (the master franchisor) grants to another party the right to recruit new franchisees in a specific area. In exchange, the other party typically pays some price as well as agreeing to take on some or all of the responsibility to train and support new ...
Franchise tag, a designation of a player in the US National Football League whose contract is soon to expire that binds them to the team for one year at an enhanced salary; Sports league franchise, or League franchise, a local or regional business franchising operation under a particular sporting league in activities such as pool, darts, etc.