ranked among the top in the nation the school of medicine is affiliated with tufts medical center maine medical center baystate medical center newton wellesley hospital lahey hospital and medical center st elizabeth s medical center and many other elite teaching hospitals and health care facilities
Franchising is the practice of using another firm's successful business model. For the franchisor, the franchise is an alternative to building 'chain stores' to distribute goods and avoid investment and liability over a chain.The franchisor's success is the success of the franchisees.ranchise Law relates to the business model of franchising. Franchising is a business practice that allows the franchising company to license its business model, intellectual properties (such as logos, trademarks, and patents), and corporate goodwill to another company or individual.
by FreeAdvice staff. A franchise business is a business in which the owners, or franchisors, sell the rights to their business logo, name, and model to third party retail outlets, owned by independent, third party operators, called franchisees.Franchises are an extremely common way of doing business.nce the business begins operating, the franchisee will generally pay the franchisor an ongoing royalty payment, either on a monthly, quarterly, or annual basis. This payment is usually calculated as a percentage of the franchise operationâs gross sales.