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.
(Learn how and when to remove this template message) A retraction is a public statement made about an earlier statement that withdraws, cancels, refutes, or reverses the original statement or ceases and desists from publishing the original statement. The retraction may be initiated by the editors of a journal, or by the author(s) of the papers (or their institution).