Difference between Copyright & Franchise

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Copyright VS Franchise
Copyrights are exclusive rights granted by the government to the author or the artist enabling him to publish, sell or otherwise control his literary, musical or artistic works. The right to exclusive control is issued for a period of certain years, with the privilege of renewed for another sum of years. 


Franchise is a contact, often between a government unit and a private company that gives the latter exclusive rights to perform certain functions or sell certain products or services. The rights may be granted for a specified number of years or in perpetuity. 

The cost of a franchise includes as well as legal fees and other costs incurred in obtaining it. Although the value of a franchise at the time of its acquisition many substantially exceed its cost, the amount recorded for this item should be limited to actual outlays. When a franchise is purchased from another company, the amount paid is recorded as franchise cost.

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