franchisor-franchisee relationship

The franchisor-franchisee relationship is a mutually beneficial partnership where the franchisor (the company) grants the franchisee (the individual or business) the right to operate a location using the brand's name, products, and systems. The franchisor provides support, training, and established practices, while the franchisee invests capital and manages day-to-day operations. This relationship is governed by a franchise agreement that outlines rights, responsibilities, and standards to ensure consistency across locations. Essentially, it’s a collaborative effort to expand the brand while allowing the franchisee to leverage proven business models for mutual success.