franchises
Pronunciation: [ˈfræn.tʃaɪzɪz]
Context: “business”
(noun) a type of business agreement where one person or company allows another person or company to sell their products or services. Think of it like sharing a special recipe so that other people can sell food the same way you do.
Example
McDonald's is one of the most famous franchises in the world, allowing people to open their own restaurants.
Example
Not all small businesses are franchises; some are independent and do not follow a brand.
Example
What makes a franchise different from a regular business?
Context: “entertainment”
(noun) a series of related products, like movies, games, or books, that belong to the same story or theme. For example, a superhero movie can have many films and toys that are all part of the same franchise.
Example
The Star Wars franchise includes movies, TV shows, and toys that all tell stories about the same universe.
Example
That movie was not part of the popular franchise; it was a standalone film.
Example
How many franchises can you name that have video games and movies?
Context: “business”
(verb) to grant someone the rights to operate a business under a specific brand name or system. It's like giving permission for someone to use your name and ideas to sell something.
Example
The company decided to franchise its services, allowing others to open similar shops.
Example
They didn't franchise their business; they chose to keep it in one location.
Example
Is the company planning to franchise in other countries?