What did extending the franchise in the United States mean?

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Arabella Chaney

7 October, 20:23

What did extending the franchise in the United States mean?

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Keyon Fletcher · Answer 1

In a franchise a trademark and the methods of a business can be used by a franchisee for a percentage of the monthly sales and a royalty fee. The franchisee has the right to use the techniques, trademarks and distribute products for a set time according to a mutual agreement. Extending the franchise means extending the time the franchisee uses the franchise.