Licensing vs. Franchising — What's the Difference?
Difference Between Licensing and Franchising
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Compare with Definitions
Licensing
Official or legal permission to engage in a regulated activity
"He believed that the subcommittee gave him license to interrogate anyone about any possible links to communism" (Donald A. Ritchie).
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.
Licensing
A document, card, plate, or tag that is issued as proof of official or legal permission
A driver's license.
Franchising
A privilege or right granted by law, especially the right to vote in the election of public officials.
Licensing
A contract allowing someone to use a proprietary product or service
Has a site license for that software.
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Franchising
A special privilege given by government to a corporation or an individual to engage in a particular activity using public facilities, especially to provide a public service such as transportation or communications.
Licensing
Freedom of action or permission to act
"Doctors labeled many of the organs of the immune system 'functionless' ... giving surgeons license to remove them with abandon" (Andrew Weil).
Franchising
The establishment of a corporation, including the granting of certain privileges such as exemption from individual liability for the acts of the corporation.
Licensing
Poetic license.
Franchising
Authorization granted to someone to sell or distribute a company's goods or services in a certain area.
Licensing
Lack of due restraint; excessive freedom
"It is important to preserve freedom only for people who are willing to practice self-denial, for otherwise freedom degenerates into license and irresponsibility" (Milton Friedman).
Franchising
A business or group of businesses established or operated under such authorization.
Licensing
Heedlessness for the precepts of proper behavior, especially with regard to sex
"noir stories of the consequences of sexual license" (Foster Hirsch).
Franchising
A brand name under which a series of products is released.
Licensing
An excuse or justification to do something wrong
People who see low-fat labels as a license to eat larger amounts.
Franchising
The territory or limits within which immunity, a privilege, or a right may be exercised.
Licensing
To give or yield permission to or for
"Deep down I wondered what licensed me to speak" (Jan Clausen).
Franchising
A professional sports team.
Licensing
To grant a license to or for; authorize.
Franchising
To grant a franchise to.
Licensing
Present participle of license
Franchising
Present participle of franchise
Licensing
A giving of license to do something; sanction.
Franchising
The establishment, granting, or use of a franchise.
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