Franchisor

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Franchisor

A company that sells the right to use its products to an individual or company. McDonald's is a prominent example of a franchisor. If one wishes to open a McDonald's franchise, everything from the food to the uniforms has already been determined by the corporation. McDonald's sells the right to use these to the franchisee. See also: Turnkey business.

franchisor

A firm that sells to others the right to sell or rent its products and to use its name. Compare franchisee.

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