What is a franchise?

Buying rights to run a business from a larger corporation.

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  1. A type of government tax office
  2. A loan that never needs repayment
  3. Buying rights to run a business from a larger corporation ✔

Why: A franchise is a system where entrepreneurs purchase rights to open and run a business from a larger corporation.

Huh, didn't know that: A franchise is a system where entrepreneurs purchase rights to open and run a business from a larger corporation.

The dad joke
Franchising lets you run with a big brand's playbook.
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References

Answer: Buying rights to run a business from a larger corporation. A franchise is a system where entrepreneurs purchase rights to open and run a business from a larger corporation.

  1. Business en.wikipedia.org/wiki/Business
    A franchise is a system in which entrepreneurs purchase the rights to open and run a business from a larger corporation
    Checked 2026-11-07.

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