0
Nessie000 Posted 18 years ago
Grammar

'license' vs. 'franchise'

Hi,
What is the difference between 'license' and 'franchise' (Business English). I've read their definitions in many dictionaries but still haven't understood them clearly.

Many thanks,
Nessie.
  

Top answer

Hi, could anybody help me, please? (It's not that I'm so lazy not to look up in the dictionary, but I just can't understand) Thank you very much, Nessie.

  • Hi, could anybody help me, please?
  • (It's not that I'm so lazy not to look up in the dictionary, but I just can't understand) Thank you very much, Nessie.
Free · every Monday

Get the Weekly English Kit 📬

New words, one handy idiom, and a 2-minute quiz — delivered to your inbox to keep your streak alive.

8 Answers
0
Hi, could anybody help me, please? (It's not that I'm so lazy not to look up in the dictionary, but I just can't understand)

Thank you very much,
Nessie.
0
Hi!
A license is an official permission, usually granted by the government to do something (usually an individual basis). It is usually competency based - I have to take a test to prove that I am competent.
For example, my friend pays for a hunting license, which allows him to shoot a wild turkey for Christmas. I pass a test, pay some money, and get a driving license. My beautician h
0
Hi,
Businesses often enter into licensing agreements wih each other, for example with regard to products, trademarks and technologies.

Here are a few links you might like to look at.

http://www.yet2.com/app/i
0
Clive is correct about corporate licenses. If a company owns some intellectual property, it can grant a "license to use" to another company. Examples are a manufacturing process or rights to use a patent. These are particular and individual contract agreements.
What makes a franchise different, is that the franchise is a standard offering to multiple people, and is a program that continues f
0
Every franchise contains a license (right to use a brand and method of operations), while some licenses may be franchises in disguise.

There's a good franchise vs. license article on the Franchise Foundations website about this topic.

Mr. Franchise
Kevin B. Murphy, B.S. M.B.A., J.D.
0
When you license something you have permisson from the organization to use their likeness for your specific purpose. When you franchise you own a part of an organization.
Example: Say you own a store and want to use the NFL to advertise. I.E. a photo of an NFL player walking into your store, then you will need a liscense to use the NFL property. But if you were granted an expansion te
0
hi
its the almost the the same ,but the factor is that it agreements terms differs ,may be they provide assistance when it comes to franchise
akash

Related Questions