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Franchises
Franchise may refer to: Business and law * Franchising, a business method that involves licensing of trademarks and methods of doing business to franchisees * Franchise, a privilege to operate a type of business such as a cable television provider, public utility, or taxicab company, sometimes requiring the filing of tariff schedules, as in: ** Television franchise, a right to operate a television network *** Cable franchise, a right to operate a cable television network **** Cable television franchise fee, an annual fee charged by a local government to a private cable television company ** Passenger rail franchising in Great Britain, a system of contracting out the operation of the passenger services on the railways of Great Britain * Franchise, a clause used by insurance companies as a threshold for policy payments, as in deductible * Franchise, political franchise, or suffrage, the civil right to vote * Franchise jurisdiction, in English history, a jurisdiction held ...
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Media Franchise
A media franchise, also known as a multimedia franchise, is a collection of related media in which several derivative works have been produced from an original creative work of fiction, such as a film, a work of literature, a television program or a video game. Bob Iger, chief executive of the Walt Disney Company, defined the word ''franchise'' as “something that creates value across multiple businesses and across multiple territories over a long period of time.” Transmedia franchise A media franchise often consists of cross-marketing across more than one medium. For the owners, the goal of increasing profit through diversity can extend the commercial profitability of the franchise and create strong feelings of identity and ownership in its consumers. Those large groups of dedicated consumers create the franchise's fandom, which is the community of fans that indulge in many of its mediums and are committed to interacting with and keeping up with other consumers. Large fr ...
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Passenger Rail Franchising In Great Britain
Passenger rail franchising in Great Britain is the system of contracting the operation of the passenger services on the railways of Great Britain to private companies, which has been in effect since 1996 and was greatly altered in 2020, with rail franchising being effectively abolished in May 2021. The system was created as part of the privatisation of British Rail, the former state-owned railway operator, and involved franchises being awarded by the government to train operating companies (TOCs) through a process of competitive tendering. Franchises usually lasted for a minimum of seven years and covered a defined geographic area or service type; by design, franchises were not awarded on an exclusive basis, and day-to-day competition with other franchises and open access operators was possible, albeit occurring on a limited number of services. Over the years, the system evolved, most notably reducing the initial 25 franchises to 17 through a series of mergers. Four franchises ...
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Franchising
Franchising is based on a marketing concept which can be adopted by an organization as a strategy for business expansion. Where implemented, a franchisor licenses some or all of its know-how, procedures, intellectual property, use of its business model, brand, and rights to sell its branded products and services to a franchisee. In return, the franchisee pays certain fees and agrees to comply with certain obligations, typically set out in a franchise agreement. The word ''franchise'' is of Anglo-French derivation—from , meaning 'free'—and is used both as a noun and as a (transitive) verb. For the franchisor, use of a franchise system is an alternative business growth strategy, compared to expansion through corporate owned outlets or "chain stores". Adopting a franchise system business growth strategy for the sale and distribution of goods and services minimizes the franchisor's capital investment and liability risk. Franchising is rarely an equal partnership, especially in ...
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Rail Transport In Great Britain
The railway system in Great Britain is the oldest railway system in the world. The first locomotive-hauled public railway opened in 1825, which was followed by an era of rapid expansion. Most of the track is managed by Network Rail, which in 2017 had a network of of standard-gauge lines, of which were electrified. These lines range from single to quadruple track or more. In addition, some cities have separate metro, light rail and tram systems (including the extensive and historic London Underground). There are also many private railways (some of them narrow-gauge), which are primarily short lines for tourists. The main rail network is connected with that of continental Europe by the Channel Tunnel and High Speed 1 (originally the Channel Tunnel Rail Link), which fully opened in 1994 and 2007 respectively. In 2019, there were 1.738 billion journeys on the National Rail network, making the British network the fifth most used in the world (Great Britain ranks 23rd ...
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Franchise Times
''Franchise Times'' is an American business publication covering franchising in the United States. The magazines has reports on franchising trends and legal issues, franchisor and franchisee success stories, family business matters, and interviews with celebrities who are involved in franchising History ''Franchise Times'' was created by Crain Communications in 1994 under the title ''Franchise Buyer''. The name was changed in 1996 to ''Franchise Times''. In September 1998, John Hamburger, owner of Franchise Times Corp purchased the rights to the ''Franchise Times'' trademark, subscription and advertiser lists, copyright, web domain name, and back issues. He saw restaurant chains were moving into the franchise arena and wanted to expand his restaurant coverage to that growing trend. Hamburger also purchased ''Continental Franchise Review'' (''CFR'') in 1998. A newsletter that covered franchise developments, Hamburger combined it with ''Franchise Times.''. He hired the forme ...
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Sports League
A sports league is a group of sports teams or individual athletes that compete against each other and gain points in a specific sport. At its simplest, it may be a local group of amateur athletes who form teams among themselves and compete on weekends; at its most complex, it can be an international professional league making large amounts of money and involving dozens of teams and thousands of players. Terminology Synonyms In many cases, organizations that function as leagues are described using a different term, such as association, conference, division, leaderboard, or series. This is especially common in individual sports, although the term "league" is sometimes used in amateur individual sports such as golf. The term "league" is also sometimes applicable to competitions that would more traditionally be called tournaments, such as the UEFA Champions League, which is organized with multiple small round-robin competitions followed by a single elimination tournament to cho ...
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National Football League
The National Football League (NFL) is a professional American football league that consists of 32 teams, divided equally between the American Football Conference (AFC) and the National Football Conference (NFC). The NFL is one of the major professional sports leagues in the United States and Canada and the highest professional level of American football in the world. Each NFL season begins with a three-week preseason in August, followed by the 18-week regular season which runs from early September to early January, with each team playing 17 games and having one bye week In sport, a bye is the preferential status of a player or team that is automatically advanced to the next round of a tournament, without having to play an opponent in an early round. In knockout (elimination) tournaments they can be granted eit .... Following the conclusion of the regular season, seven teams from each conference (four division winners and three wild card teams) advance to the p ...
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Franchise Tag
In the National Football League (NFL), the franchise tag is a designation a team may apply to a player scheduled to become an unrestricted free agent. The tag binds the player to the team for one year if certain conditions are met. Each team has one franchise tag (of either the exclusive or non-exclusive forms) and one transition tag per year. The transition tag can only be used if the team does not use a franchise tag; however, Article 10 of the Collective Bargaining Agreement (CBA) signed in 2011 stipulates that, in the Final League Year, teams are allowed to use both the franchise tag and transition tag for the 2020 NFL season. The tag option allows NFL franchises to retain a "franchise player" who is valuable to a franchise. The one-year, guaranteed contract that is offered to the player is a known, non-negotiated salary. If a designated player does not sign the offer and is unable or unwilling to negotiate an alternative contract before week 10 of the designated season, the p ...
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Franchise Player
In professional sports, a franchise player is an athlete who is both the best player on their team and one that the team can build their " franchise" around for the foreseeable future. Overview In the United States, outstanding players were referred to as "franchises" at least as far back as the 1950s."franchise, n. I. 2. c. (b)" OED Online. June 2003. Oxford University Press. June 2010. By the 1970s, the concept of a "franchise" player who single-handedly generates success was commonly understood in the sporting trade. The term ''franchise player'' was in widespread use by the early 1980s to describe both star rookies like John Elway and Kelvin Bryant and veterans like George Brett. While the term is primarily associated with North American and English sports, it is sometimes used in reference to athletes in sports outside the United States, such as rugby league and association football Association football, more commonly known as football or soccer, is a team sport play ...
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North American Professional Sports League Organization
Professional sports leagues are organized in numerous ways. The two most significant types are one that developed in Europe, characterized by a tiered structure using promotion and relegation in order to determine participation in a hierarchy of leagues or divisions, and a North American originated model characterized by its use of Franchising, franchises, closed memberships, and minor leagues. Both these systems remain most common in their area of origin, although both systems are used worldwide. Etymology The term league has many different meanings in different areas around the world, and its use for different concepts can make comparisons confusing. Usually a league is a group of teams that play each other during the season. It is also often used for the name of the governing body that oversees the league, as in America's Major League Baseball or England's Football League. Because most European football clubs participate in different competitions during a season, regular-season ...
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North America
North America is a continent in the Northern Hemisphere and almost entirely within the Western Hemisphere. It is bordered to the north by the Arctic Ocean, to the east by the Atlantic Ocean, to the southeast by South America and the Caribbean Sea, and to the west and south by the Pacific Ocean. Because it is on the North American Plate, North American Tectonic Plate, Greenland is included as a part of North America geographically. North America covers an area of about , about 16.5% of Earth's land area and about 4.8% of its total surface. North America is the third-largest continent by area, following Asia and Africa, and the list of continents and continental subregions by population, fourth by population after Asia, Africa, and Europe. In 2013, its population was estimated at nearly 579 million people in List of sovereign states and dependent territories in North America, 23 independent states, or about 7.5% of the world's population. In Americas (terminology)#Human ge ...
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