PrincessAjuwa
PrincessAjuwa PrincessAjuwa
  • 14-10-2019
  • Business
contestada

What’s the simple definition of franchisor?

Respuesta :

keludwig keludwig
  • 14-10-2019

Answer:

Someone who offers business opportunities to franchisees.

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.

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