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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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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