Outrageously Funny Word Dictionary :: Franchised

👉 A franchised business is a type of business that operates under a franchise agreement. This means that the owner or operator of the franchised business has exclusive rights to operate and control the business, while allowing other individuals or companies to purchase and manage the business as their own. Franchises are often used in industries such as retail, hospitality, and professional services, where the ownership and management of a business is typically divided among multiple parties rather than being owned by one entity.

franchised