Terms Beginning With 'f'

Franchisee

  • January 18, 2020
  • Team Kalkine

In business expansion, a franchisee is an independent party that is granted a license to a business under the primary owner’s name (franchisor). Franchisee also has the right to use the trademarks, names, model of the franchisee. The Quick Service Restaurant industry is one of the main examples of this format, which includes businesses like Domino’s, McDonald’s etc.

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