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.
Company-owned Outlet: A business which is operationally similar to a franchise entity, but owned directly by the corporation. Conversion Franchise: A franchisor who allows existing businesses to convert to the franchisors brand for the purpose of being part of the franchised system.rokers can represent either sellers or buyers. Business Format Franchise: A type of franchise where the franchisor grants the franchisee the use of the franchisorâs trademark and product or service and provides all business procedures, which can include marketing, sales, inventory and accounting.