Tip: If you're looking for something particular, use find on the page with your browser's search function or search the site. Many stones have multiple traditional uses or purposes, and more are being discovered all the time.
In franchising, franchisors (a person or company that grants the license to a third party for the conducting of a business under their marks) not only specify the products and services that will be offered by the franchisees (a person or company who is granted the license to do business under the trademark and trade name by the franchisor), but also provide them with an operating system, brand and support.
by FreeAdvice staff. A franchise business is a business in which the owners, or franchisors, sell the rights to their business logo, name, and model to third party retail outlets, owned by independent, third party operators, called franchisees.Franchises are an extremely common way of doing business.nce the business begins operating, the franchisee will generally pay the franchisor an ongoing royalty payment, either on a monthly, quarterly, or annual basis. This payment is usually calculated as a percentage of the franchise operationâs gross sales.