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Who is a Franchisee? - Entrepreneurship

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Question

Who is a franchisee?

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Solution 1

The franchisee is the person who purchases the franchise and is given the opportunity to enter a new business with a better chance to success than if he or she were to start a new business from nothing.

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Solution 2

The individual who acquires the right to operate the business or use the trademark of the seller is known as a tire franchisee.

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Chapter 16: Emerging Service Business in India - Exercises [Page 167]

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Samacheer Kalvi Commerce [English] Class 11 TN Board
Chapter 16 Emerging Service Business in India
Exercises | Q II. 1. | Page 167
CBSE Entrepreneurship [English] Class 12
Chapter 4 Enterprise Growth Strategies
Very short answer (exceed 15 words) | Q 3 | Page 172
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