Examlex
Today,there are more Latinos than African Americans in North America.
Franchise Fee
An upfront payment made by a franchisee to a franchisor for the rights to use the franchisor's brand and business model.
Shirking
The act of avoiding work or responsibilities, often covertly, within an employment context.
Franchising
A business model allowing individuals or entities to operate a business under the name and system of an established brand in exchange for a fee and ongoing royalties.
Franchisee
An individual or business entity that purchases the right to operate a branch of a franchise using the franchisor’s trademarks, systems, and business model.
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