AAA |. A franchise is a type of license that a party (franchisee) acquires to allow them to have access to a business's (the franchiser) proprietary knowledge, processes and trademarks in order to allow the party to sell a product or provide a service under the business's name.o take the McDonaldâs example further, the estimated total amount of money it costs to start a McDonaldâs franchise ranges from $500,000 to $1.6 million. Franchises, by definition, have ongoing costs to the franchiser company in the form of a percentage of sales or revenue. This percentage can range from 4 â 8%.
Set Up Subawards. A subaward (subcontract) is an agreement that uses sponsored research funding to engage an institution or agency outside of UCSF to perform a specified scope of work. The scope of work may or may not include deliverables. The Subaward Team is responsible for processing and set up of all subawards.
The Bureau of the Public Debt (BPD) is a small agency within the Department of the treasury that is responsible for borrowing the money needed to operate the federal government and account for the national debt. The agency does this by selling treasury bills, notes and bonds, as well as US savings bonds.