Franchiser: meaning, definitions and examples
๐ช
franchiser
[ หfrรฆntสaษชzษr ]
business context
A franchiser is a person or company that grants a franchise to another party, allowing them to operate a business under their brand and business model. The franchiser typically provides support in areas such as marketing, training, and operational procedures. In return, the franchisee pays fees and royalties to the franchiser. This relationship benefits both parties: the franchiser expands their brand's reach while the franchisee gains the right to operate a proven business model. The concept is widely used in various industries, including food and beverage, retail, and services.
Synonyms
brand manager, franchise owner, licensor
Examples of usage
- The franchiser provided extensive training for new franchisees.
- Many franchisers offer strong brand recognition as a selling point.
- A successful franchiser usually has a well-defined business model.
- The franchiser outlined their expectations in the franchise agreement.
Translations
Translations of the word "franchiser" in other languages:
๐ต๐น franqueador
๐ฎ๐ณ เคซเฅเคฐเฅเคเคเคพเคเคเคผเคฐ
๐ฉ๐ช Franchiser
๐ฎ๐ฉ franchiser
๐บ๐ฆ ััะฐะฝัะฐะนะทะตั
๐ต๐ฑ franczyzobiorca
๐ฏ๐ต ใใฉใณใใฃใคใถใผ
๐ซ๐ท franchiseur
๐ช๐ธ franquiciante
๐น๐ท franchise veren
๐ฐ๐ท ํ๋์ฐจ์ด์
๐ธ๐ฆ ุงูุงู ุชูุงุฒ
๐จ๐ฟ franchisor
๐ธ๐ฐ franchiser
๐จ๐ณ ็น่ฎธ็ป่ฅ่
๐ธ๐ฎ franลกizer
๐ฎ๐ธ franshรญsi
๐ฐ๐ฟ ััะฐะฝัะธะทะตั
๐ฌ๐ช แคแ แแแฉแแแแแ แ
๐ฆ๐ฟ franรงayzer
๐ฒ๐ฝ franquiciante
Etymology
The term 'franchiser' originates from the word 'franchise', which comes from the Old French word 'franchir', meaning 'to free'. The concept of franchising began to take shape in the 19th century, especially in the United States, when companies sought to expand their businesses through a more decentralized model. The franchiser, as a key figure in this model, emerges as a provider of rights and support to franchisees. This approach helped businesses scale effectively while allowing individuals to own and operate their own businesses under established brands. Over the decades, franchising has evolved into a multi-billion dollar industry encompassing a variety of sectors, allowing for the distribution of products and services globally.