Franchising Flashcards by Aaron Samaro | Brainscape

Q

Franchise

A

A type of business ownership where the franchisor allows the franchisee to use its existing name and idea to sell its goods and or services

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Franchisor

A

The existing business that gives away its idea

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Franchisee

A

The business that asks for the right

How well did you know this?

1

Not at all

2

3

4

5

Perfectly