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.
To identify the franchiseeâs business in marketing a product or service using the franchisorâs operating methods; The franchisor provides the franchisee with support and exercises certain controls; and, The franchisee pays the franchisor a fee. The definition of a franchise is not uniform in every state.Some states for example, may also include a marketing plan or community of interest provision in the definition.he definition of a franchise is not uniform in every state. Some states for example, may also include a marketing plan or community of interest provision in the definition.