Franchisors

Franchisors are individuals or companies that own a brand and its business model. They allow other people, known as franchisees, to operate businesses using their brand name and established practices. In return, franchisees typically pay fees, royalties, or a share of profits. This arrangement enables franchisees to benefit from the franchisor's brand recognition and support while allowing the franchisor to expand their business with less financial risk. Common examples include fast-food chains and retail stores, where local operators maintain the brand’s standards and practices to deliver consistent customer experiences.