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07-12-2008, 09:56 AM
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Terminology question
What is a "business franchise"? I hear this term a lot, but I don't think I've seen a definition.
    
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08-17-2008, 12:47 PM
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Re: Terminology question
Anyone?
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08-17-2008, 03:17 PM
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Re: Terminology question
Here's Buffett talks about franchise:
http://www.tilsonfunds.com/BuffettNotreDame.pdf
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