Definitions from the Web
Franchisor
Description:
A franchisor refers to a company or individual who grants the right to operate a business using their established brand, trademark, and business model in exchange for certain fees and royalties from the franchisee.
Sample Sentences:
- The franchisor is responsible for providing training and support to the franchisees.
- As a franchisor, it's important to maintain consistent quality across all franchise locations.
- The franchisor's success largely depends on the success of its franchisees.
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