What is another word for Franchising?
Pronunciation: [fɹˈant͡ʃa͡ɪzɪŋ] (IPA) 
Franchising is a business model in which a company grants the right to operate a similar business model in another location. There are various synonyms for franchising such as licensing, partnering, joint venture, cooperation, affiliation, and network. The term licensing usually refers to the legal permission given by a company to an individual or organization to use its trademarks, patents, copyrights, or trade secrets. A partnership is a collaboration between two or more entities to achieve a common goal. Joint venture refers to a joint agreement between two or more parties to undertake a particular business project. Cooperation implies the collaboration of multiple organizations to achieve common commercial interests. Affiliation refers to the relationship between two or more businesses where one company has control over the other. Finally, network refers to a group of similar or related businesses operating under a common brand.
