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FRANCHISES. Franchises. Definition Where a company sells the right or licence for another company to sell its products Franchisor The company selling the licence Franchisee The company buying the licence Examples: McDonalds/Subway/Dominos.

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Franchises1
Franchises

Definition

Where a company sells the right or licence for

another company to sell its products

Franchisor

The company selling the licence

Franchisee

The company buying the licence

Examples: McDonalds/Subway/Dominos


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