Franchisee

Franchisee,

Definition of Franchisee:

  1. An individual or company that holds a franchise for the sale of goods or the operation of a service.

  2. Franchises are an extremely common way of doing business. In fact, it is hard to drive more than a few blocks in most cities without seeing a franchise business. Examples of well-known franchise business models include McDonald's (NYSE: MCD), Subway, United Parcel Service (NYSE: UPS), and H. & R. Block (NYSE: HRB). In the United States, there are franchise business opportunities available across a wide variety of industries.

  3. One who purchases a franchise. The franchisee then runs that location of the purchased business. He or she is responsible for certain decisions, but many other decisions (such as the look, name, and products) are already determined by the franchisor and must be kept the same by the franchisee. The franchisee will pay the franchisor under the terms of the agreement, usually either a flat fee or a percentage of the revenues or profits, from the sales transacted at that location.

  4. A franchisee is a small business owner who operates a franchise. The franchisee has purchased the right to use an existing business's trademarks, associated brands, and other proprietary knowledge to market and sell the same brand, and uphold the same standards as the first business. Franchisees become owners and independent operators of third-party retail outlets called franchises.

How to use Franchisee in a sentence?

  1. The franchisee saw a large amount of success largely due to the standards he demanded of his employees as well as his business location.
  2. The franchisee pays a fee to the franchisor for the right to use the business's already-established success, trademarks, and proprietary knowledge.
  3. He had a string of regional offices operated by franchisees.
  4. A franchisee is a small-business owner who operates a franchise.
  5. When you are thinking about expanding your product you can look for a franchisee to open up another branch for you.
  6. The franchisee markets and sells the same brand, and upholds the same standards as the original business.
  7. I was the franchisee and could now do what I wanted with the team and it made me feel like I had a lot of power.
  8. The franchisee receives continuous guidance and support from the franchisor.

Meaning of Franchisee & Franchisee Definition

Franchisee,

What is The Definition of Franchisee?

  1. A franchisee is a small business owner who runs a franchise. The franchisee has acquired the right to use existing trademarks, related trademarks and other proprietary information to sell and sell existing brands and has met the same standards as the first company. The franchisee becomes the independent owner and operator of a third party sale called a franchise.

    • A franchisee is a small business owner who runs a franchise.
    • The franchisee pays the franchisor a license fee for the use of the company's established success, brand and proprietary knowledge.
    • The franchisor receives ongoing advice and support from the franchisor.
    • The franchise markets and sells the same brand and meets the same standards as the actual business.

Meanings of Franchisee

  1. An individual or company that has the right to vote for the sale of goods or the use of services.

Sentences of Franchisee

  1. The franchisees have several regional offices.

Franchisee,

How Do You Define Franchisee?

  1. A franchise is a small business that runs a franchise. The franchisee has acquired the right to sell existing trademarks, related data and other proprietary knowledge under the same name and to sell the same name and meet the standards of the first company. The franchisee becomes an independent supplier and operator of a third party business called a franchise.

    • A franchise is a small business that runs a franchise.
    • The franchisee pays a license fee to the franchisor for the company's established success, the right to use the brand and proprietary information.
    • The franchisor seeks ongoing advice and support from the franchisor.
    • Franchise market and sell the same business and meet the standard of oral business.

Meanings of Franchisee

  1. A person or company that owns a franchise business for the sale of goods or the operation of services.

Franchisee,

Franchisee:

  1. Franchise is a small independent business that runs outsourced retail sales called franchising. In this way, the franchisee acquires the right to market and sell existing trademarks, related data and other proprietary knowledge of the same name and to meet the standards of the original company.

    • A franchise is a small business that runs a franchise.
    • The franchisee pays the franchisor a license fee for the right to use the company's established success, brand and proprietary knowledge.
    • The franchisee receives constant advice and support from the franchisor.
    • Franchisees market and sell the same business and meet the same standards as the oral business.

Meanings of Franchisee

  1. A person or company that owns a franchise business for the sale of goods or services.

Sentences of Franchisee

  1. There are several regional offices run by franchisees.