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A franchisor is a company that sells the right to use its name and/or operating systems to independent business owners. One of the best known franchisors is McDonald's.
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∙ 15y ago
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What is the seller of a franchise called?
The seller of a franchise is called a 'franchisor'.
What is the purpose of a franchisor business?
known solutions, needs only sell
Which best describes what a franchise does?
A franchise ensures wide distribution of a franchisor's trademark, business model, and goods. A franchise protects a franchisor against companies imitating its trademark, business model, and goods. A franchise stops franchisees from using a company's trademark, business model, and goods. A franchise limits the use of a franchisor's trademark, business model, and goods.
Is the franchisee required to purchase equipment and supplies from the franchisor or other suppliers?
yes
What is the purchaser of a franchise called?
The purchaser of a Franchise is called a Franchisee, and the person who grants the Franchise is called the Franchisor.
What type of support is provided by the franchisor?
they dont get any
What is the seller of a franchise called?
The seller of a franchise is called a 'franchisor'.
What is the purpose of a franchisor business?
known solutions, needs only sell
The share of profits or percentage of sales a franchisee pays to a franchisor?
Royalty
Which best describes what a franchise does?
A franchise ensures wide distribution of a franchisor's trademark, business model, and goods. A franchise protects a franchisor against companies imitating its trademark, business model, and goods. A franchise stops franchisees from using a company's trademark, business model, and goods. A franchise limits the use of a franchisor's trademark, business model, and goods.
Is the franchisee required to purchase equipment and supplies from the franchisor or other suppliers?
yes
Is the franchisee required to purchase equipment and supplies from the franchisor and other suppliers?
yes
What are the disadvantages of a franchisor?
- established brand. - promotions ect. - less risk. - get advice & guidance.
What are some examples of a franchisor?
a person who starts a business a determined business man or woman
Why is a franchising such a fast growing form of retail organizations?
Franchising also allows for increased distribution of a product. Franchisee's money expands the business while the franchisor collects initial fees and royalties, creating a successful business for the franchisee and brand expansion for the franchisor
How much does 7-11 franchise cost?
You can obtain this information by visiting the franchisor's headquarters and/or web site.
What is the purchaser of a franchise called?
The purchaser of a Franchise is called a Franchisee, and the person who grants the Franchise is called the Franchisor.
