Franchisee
Franchisee refers to an individual or firm that enters into a franchise agreement and pays an initial fee and an ongoing royalty to an franchisor in exchange for using the franchisor’s trademark and method of doing business.
Franchisee is the individual or business firm purchasing a franchise.
Category: Entrepreneurship & Small Business
Previous: ← Multiple-unit franchisee
Next: Franchisor →
More from this Section
- Incubator
Incubator refers a facility, office, shop, or location in which fledgling businesses can ... - Fair use
Fair use refers to the limited use of copyrighted material for purposes such as criticism, ... - Source & uses of funds statement
Source & uses of funds statement is a document that lays out specifically how much money ... - Bootstrapping
Bootstrapping is referred to as a source of seed money for a new venture which is finding ... - Patent
A patent is a grant from the government conferring the rights to exclude others from making, ...