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The franchise agreement is the legal contract that outlines the relationship between the franchisor and franchisee.

A franchise consultant helps individuals find and evaluate franchise opportunities based on their goals.

A franchisee is an individual or entity licensed to operate a business using the franchisor’s brand and system.

The franchisor is the company that owns the brand and grants the right to franchisees to operate using its system.

Franchise validation is the process of speaking with current franchisees to learn about their experience.

Franchise territory refers to the geographic area where a franchisee has the right to operate.

Franchise training equips new franchisees with the knowledge and tools to operate their business.

Franchise support includes the tools, guidance, and resources franchisors provide to help franchisees succeed.

A franchise resale is the sale of an existing franchise unit by the current owner to a new buyer.

Field support refers to in-person guidance and assistance provided by franchisor representatives.