franchisee


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Franchisee

One who owns a franchise. A franchisee usually pays a start-up fee and an annual licensing fee for the privilege to maintain the franchise.

franchisee

An individual or a company that has the right to sell or rent another firm's products and to use its name. Compare franchisor.
References in periodicals archive ?
In addition to extensive community involvement, Tinsley is president of the KFC African-American Franchisee Association, whose primary objective is to create a network of strong, successful black franchisees and to serve as an important resource to KFC on the development of initiatives to attract and retain minority franchises, employees, suppliers, and customers in urban and suburban communities.
In the world of franchising there is no shortage of brands or industries for prospective franchisees to invest their effort or capital.
When franchisors launch their franchise, it is important that they are committed to the success of the franchisees first and foremost.
One franchisee, who supports 7-Eleven's decision to take legal action in this matter, said possible illegal activity by Khan or any other franchisee, for that matter, cannot be condoned.
Franchisors have until July 12 to nominate their chosen franchisees and finalists will be invited for an interview with the judging panel on August 21 and 22.
First, encroachment practices, which are often used by franchisors in order to cause their franchisees' businesses to fail, increase the rate of franchisee business failure in the franchise industry as a whole.
A FEW desperate franchisees are offering huge amounts of money " under the table" to their targeted uncapped players in a crazy rush to strengthen their teams for the lucrative Indian Premier League ( IPL).
The 70 MSI franchisees claim that the drug chain has failed to fulfill its marketing and advertising obligations to the store owners and breached its licensee agreements.
Housewarmer, a new-resident welcoming service, was the idea of Founder & CEO Rachel Ireland and is a business that allows her and her franchisees to balance work with their family lives.
From working on the frontline of franchise units and attending countless trade shows and expositions, to interviewing franchisees and CEOs, Birkeland exposes franchising for the cutthroat, competitive, and often disillusioning world it is.
The franchisee claims the time it takes to make a bouquet is much more than the 15 minutes prospective franchisees are told.
From a franchisee's perspective, this may create some difficulty as a franchisor's compliance with the new Act will not be easy to ascertain.