When considering buying a franchise, one of the initial costs that franchisees encounter is the franchise fee. This fee is a one-time payment made to the franchisor for the right [ … ]
Tag: what is a franchise
Who are the franchisees?
A franchisee is an individual or business that has purchased the right to use a franchisor’s business model, trademarks, and operating systems in exchange for an initial fee and ongoing [ … ]
Who is a Franchisor?
A franchisor is a company that grants the right to use its business model, trademarks, and operating systems to a franchisee in exchange for an initial fee and ongoing royalties. [ … ]