Franchisor
What Franchisor means in Business GCSE, as defined for Pearson Edexcel.
Definition of Franchisor
Check what you remember
Read the wording for your board, then hide it and explain Franchisor in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
The party that owns the brand and business model which the franchisee buys the right to use.
Topics that use Franchisor
- The options for start-up and small businesses (Pearson Edexcel GCSE)
Related terms
- Limited liability
- Partnership
- Private limited company (Ltd)
- Royalties
- Unlimited liability
- Franchise
- Franchisee
Using Franchisor in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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