Licence to sell company's products Crossword Clue

Hello and a warm welcome to all Lovatts Enigma Crossword fanatics!
Today, we will solve the crossword clue "Licence to sell company's products". We looked carefully into these recent clues and this is the best answer we got.

Understanding Today's Crossword Puzzle

Today's clue, "Licence to sell company's products," perfectly aligns with the answer "FRANCHISE." Here's why:

• License: A franchise agreement grants the licensee the legal right to operate under the brand name and sell the company's products.
• Sell Company's Products: Franchisees are authorized to sell the products or services of the parent company in exchange for following set guidelines and paying royalties.
• Business Model: Franchising is a business strategy in which the parent company allows individuals or independent operators to utilize its business model and branding.
• Expansion: Franchising is often used as a method for rapid business expansion without the parent company having to directly manage all locations.

In today's crossword, the clue "Licence to sell company's products" cleverly directs crossword solvers to the term "FRANCHISE," which encapsulates the idea of a licensed agreement allowing individuals to sell a company's products or services under established terms.

Definition of "FRANCHISE"

an authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities, for example acting as an agent for a company's products

Example :

Toyota granted the group a franchise

lagers brewed under franchise

franchise holders

 The Crossword clue "Licence to sell company's products" published 4 time/s & has 1 answer/s. 

Crossword	Date	Answer
Lovatts Enigma	3 April 2024	FRANCHISE