business studies

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  • Created by: hinna124
  • Created on: 24-05-15 15:24
what is a franchise?
A franchise is a big company which allows a smaller businesses to use their name.
1 of 5
what is a franchisor?
person that owns the big company
2 of 5
what is a franchisee?
the person that owns the the small business using the big brands name.
3 of 5
who provides materials and staff training for the franchisee
the franchisor
4 of 5
does the franchisee need to make regular payments to the franchisor
yes
5 of 5

Other cards in this set

Card 2

Front

what is a franchisor?

Back

person that owns the big company

Card 3

Front

what is a franchisee?

Back

Preview of the front of card 3

Card 4

Front

who provides materials and staff training for the franchisee

Back

Preview of the front of card 4

Card 5

Front

does the franchisee need to make regular payments to the franchisor

Back

Preview of the front of card 5

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