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What is the difference between "White" and "honorary White," and why does this difference matter? How does an intermediary group buffer race conflict?
Installment Sales
A method of recognizing revenue from sales that are paid for over time through multiple payments.
Initial Franchise Fee
A one-time charge that a new franchisee pays to the franchiser for the rights to operate a franchise, covering initial training, support, and access to the business model.
Material Services
Significant or essential services provided that contribute directly to the output of the production process or operational efficiency.
Franchisor
An entity that grants the right to use a brand, product, or operational model to an individual or entity (franchisee), typically for a fee.
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