Examlex
Which of the following buffers would be the best choice to use in your opening remarks?
Franchising
A method of doing business wherein a franchisor licenses trademarks and proven methods of doing business to a franchisee in exchange for a recurring payment, and often a percentage of the franchisee's revenue.
Franchisors
Individuals or companies that grant a license to others allowing them to operate a business under the franchisor's brand and business model.
Experience
The knowledge or skill acquired by a period of practical involvement in or exposure to events or activities.
Franchised Businesses
Companies that operate under the model where individuals (franchisees) are granted the rights by a franchisor to operate a business under the franchisor's brand and system in exchange for a fee.
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