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Delaware Corporate News Blog | Delaware Business Incorporators, Inc.

What is the difference between a franchise and a franchisee?

What is the difference between a franchise and a franchisee?

 

franchise is a business with a proven system that a person is looking to buy. A franchise is an established business concept that is sold to other investors and business owners known as franchisees. The franchisor provides operating manuals, operational support, and advertising and marketing assistance.