Franchisors and franchisees

  • A franchise is the right given by one business to another to sell goods under it's name
  • Businesses like Toni&Guy and McDonalds have franchises up for sale
  • Many franchises are national or even international companies
  • They had developed successful products and use their skills to help others to set up in business

The benefits of a franchise

  • The person who will run the franchise is known as the franchisee
  • And the organisationwho offers the franchise is known as the franchisor
  • Advantages include:-
  • Training: Franchisees usually recieve training for the franchisor. Many franchises want to maintain their good name and ensure that franchise operations are successful. Giving the right training is vital
  • Equipment: Most franchises provide equipment to entrepreneurs as part of the total


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