Qualification of the exercise of franchise
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A right conferred or established by a government, such as the right to vote (exercise one's franchise) in a local or national election.
Commerce: (1) A privilege granted to make or market a good or service under a patented process or trademarked name. (2) A business operating under such privilege.
Law: A government-conferred right to exist as a legal business entity within a particular jurisdiction and to exercise corporate powers.
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There are four essential factors in qualifying a franchise candidate: determining interest, defining timeframe, assessing comfort and ability to make a financial investment and finally, geographical possibility/capability.
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