noun
- plural of franchisor; companies or individuals that grant franchises to other businesses, allowing them to operate under the franchisor's brand and business model in exchange for fees and royalties
Usage: business term; always plural in this form
Examples
- Major franchisors like McDonald's and Subway have thousands of locations worldwide.
- The franchisors set strict standards for how their franchisees must operate.
- Many franchisors provide training and ongoing support to their business partners.
- Successful franchisors develop systems that can be replicated across multiple locations.
- The contract between franchisors and franchisees outlines all rights and responsibilities.
- Some franchisors require franchisees to purchase supplies exclusively from approved vendors.