asked 33.8k views
3 votes
What’s the simple definition of franchisor?

asked
User A Kunin
by
7.8k points

1 Answer

6 votes

Answer:

Someone who offers business opportunities to franchisees.

Step-by-step explanation:

A franchisor owns a concept for a business that they sell to franchisees. Franchisees receive benefits like business plans, access to vendors, marketing materials, and other products that help them open their own business. The franchisor is the model for the successful business, and the franchisee should try to re-create the success of the franchisor in their own business.

answered
User Vaibhav Agarwal
by
8.5k points
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