eBusiness Opportunity » The Glossary of Terms
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Glossary: Francorp Franchise Board in California Franchise Agreement Contract by which a domestic company (franchisor) licenses its trade name and/or business system and practices for a fee to an independent company (franchisee) in a foreign market. Franchising Provision of a specialized sales or service strategy, support assistance, and possibly an initial investment in the franchise in exchange for periodic fees. |
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