Voc. #9 Dominique gmsk12. Franchise the right or license granted by a company to an individual or group to market its products or services in a specific.

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Presentation transcript:

Voc. #9 Dominique gmsk12

Franchise the right or license granted by a company to an individual or group to market its products or services in a specific territory.

franchisor The company that allows an individual (known as the franchisee) to run a location of their business.individualfranchiseelocation business

franchisee The party in a franchising agreement that is purchasing the right to use a business's trademarks, associated brands and other proprietary knowledge in order to open a branch.

apprencticeship a person who works for another in order to learn a trade: an apprentice to a plumber

job sharing to share the responsibility and duties of a single full-time job with one or more other employees.job

W 4 form The W-4 Form is completed by an employee so the employer can withhold the correct amount of federal income tax from your pay.

net pay is the amount of money a person takes home after taxes and deductions

deductions the act or process of deducing.

tax allowances the amount of income on which you do not have to pay tax:

exemptions the circumstances of a taxpayer, as age or number of dependents, that allow him or her to make certain deductions from taxable income.

gross pay The total of an employee's regular remuneration including allowances, overtime pay, commissions, and bonuses, and any other amounts, before any deductions are madeemployee's remunerationallowancesovertime paycommissionsamountsdeductions