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Bookmark or Share- Franchisee - Overview, How Franchises Work, RequirementsA franchisee is a business that operates under an existing business’s trademarks. They purchase the right to use a parent company’s brands, material, and other knowledge to sell the same goods and operate under the same standard as the original business.
- What Is a Franchise, and How Does It Work? - InvestopediaWhat Is a Franchise? A franchise is a type of license that grants a franchisee access to a franchisor's proprietary business knowledge, processes, and trademarks, thus allowing the franchisee...
- 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 small business owner who purchases the right to use an existing business's trademarks, brands, and proprietary knowledge.
- What Is A Franchise? How Does it Work?A franchise is a business arrangement where one party, the franchisor, grants another party, the franchisee, the rights to use its brand, business model, and proprietary knowledge in exchange for a fee.
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