Franchise
An arrangement where one business lets another run a branch under its name and system, in return for fees.
The franchisor supplies the brand, the products or recipe, the way of working and usually the training; the franchisee puts in the money, runs the outlet and pays fees or a share of sales. It is a way to start with a proven name, or to grow a name without funding every branch yourself.
The agreement decides almost everything — fees, territory, supplies you must buy from the franchisor, how you can leave — so it deserves a lawyer's reading before it is signed.
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See also: Trademark