can some one tell me the meaning of the word " Franchise " but in simple english and give me example so i can understand it
Simply, a franchise business is a method a company uses to distribute its products or services through retail outlets owned by independent, third party operators. You will understand it fully if you do an research about it. There are ample of of examples you can find in google or yahoo.
As an example, most KFCs and McDonald's restaurants are franchises. The owner pays the corporation for use of the proprietary equipment, intellectual property, the name and the corporate advertising. Usually they pay a franchise start-up fee, buy their ingredients (in the restaurant example), and pay them a percentage of sales. It varies from business to business. There are other franchise opportunities, particularly in service-oriented business. I just read an article about how much it takes to buy a McDonald's franchise... $250,000 cash before they'll even talk to you.