How to use Franchisor in a sentence
In return the franchisee agrees to pay the franchisor a royalty on all goods sold or services provided by the franchisee.
Today, the company is dedicated to a customer-focused strategy and has cemented its role as a franchisor.
A franchise business opportunity is a way of doing business where a franchisee purchases a license for a successful business and trademark, duplicating operations as determined and directed by the franchisor.
In return, the franchisor supports the business by providing guidelines on training, marketing plans and advertising campaigns where the franchise shares coop print and broadcast ads.
Ads must be run according to placement guidelines without deviations, unless submitted to the franchisor for approval.Advertisement
Litigation can result as issues between the franchisor and franchisee over incompetence or a lack of good faith arise.
The franchisor's problems can become the franchisee's.
A franchisor can destroy the business with insufficient promotion or by excessive profit sharing percentage requirements that are required to be paid whether the business shows a profit or not.
The franchisor may reimburse you for leasehold improvements about $5,000 to $30,000 as a set fee.
A very expensive requirement that must be purchased from the franchisor.Advertisement
Franchisor loans have different structures.
Leasing is an option usually offered by the franchisor who has a financial arrangement with a leasing company.