Tag: right

The idea of franchising is a couple of centuries old.The franchising business and world economies have developed simultaneously.The term 'franchise' comes from old French where it meant freedom, or privilege.Franchising goes back to the olden days when the feudal lords granted consent to their slaves and common men to hold fairs, markets, ferries, as well as permitted hunting on their lands.From the middle ages, kings used the idea of franchising when they gave contracts, or businesses for the majority of the business activities like developing roads, wells, and brewing ale...