What does COBO mean in TECHNOLOGY

Corporate Owned Business Only (COBO) refers to businesses that are directly owned, operated and managed by a company or corporation. These types of businesses may include retail sites, production facilities, and other services and products.

Corporate owned businesses typically provide services such as catering for customer demand, developing new product lines, testing of new technologies or providing services to other corporate entities.

Corporate operations are managed by the company or corporation that owns the business. Depending on the size and scope of the operation, there may be additional management staff employed at the local level to oversee day-to-day activities.

Depending on where it operates, a corporate owned business may need to be registered with relevant government bodies in order to comply with local regulations and tax laws.

A franchise is an agreement between two parties (a franchiser and franchisee) whereby the franchiser grants certain rights such as access to its brand name, trademarks and intellectual property in return for fees paid by the franchisee while still allowing them to operate their own business independently. On the other hand, a COBO is typically directly managed by the owning company or corporation itself.