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Bookmark or Share- What is a Franchisee vs. a Franchisor? - HubSpot BlogA franchisee is a person who pays fees — both royalties and upfront costs — to a business owner, called the franchisor, to operate a business under the franchisor’s trademarked name and business systems. Both franchisors and franchisees take on various benefits, risks, and responsibilities when they form working relationships with one another.
- Franchisee: Definition, Examples, Benefits, and ResponsibilitiesA franchisee is a business owner who is licensed to operate a branded outlet of a retail chain. The franchisee pays a fee to the franchisor for the right to sell its established products and...
- Franchising Definition & Meaning | Franchise Business FormatFranchising is a contractual relationship between a licensor (franchisor) and a licensee (franchisee) that allows the business owner to use the licensor’s brand and method of doing business to distribute products or services to consumers. While every franchise is a license, not every license is a franchise under the law.
- What Is a Franchise, and How Does It Work? - InvestopediaA franchise is a joint venture between a franchisor and a franchisee. The franchisor is the original business. It sells the right to use its name and idea. The franchisee buys...
- What is a franchise? everything you need to know - Fiverr1. What is a franchise? A franchise (or franchising) is a business model that allows franchisee access to a franchisor's exclusive business knowledge, processes, and trademarks. As a result, the franchisee is then able to sell a product or service using the franchisor's business name, branding, and established business system.
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