A franchise typically enables the investor or franchisee to operate a business. By paying a franchise fee, which may cost several thousand dollars, you are given a format or system developed by the company franchisor, the right to use the franchisor's name for a limited time, and assistance.y purchasing a franchise, you often can sell goods and services that have instant name recognition and can obtain training and ongoing support to help you succeed. But be cautious. Like any investment, purchasing a franchise is not a guarantee of success.
Subcontractor. One who takes a portion of a contract from the principal contractor or from another subcontractor. When an individual or a company is involved in a large-scale project, a contractor is often hired to see that the work is done. The contractor, however, rarely does all the work.
When you subtract one number from another, the result is called the difference. This term makes sense when you think about it: When you subtract, you find out the difference between a higher number and a lower one. In subtraction, the first number is called the minuend, and the second number is called the subtrahend.