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LSDefine

Simple English definitions for legal terms

franchiser

Read a random definition: equal-dignities rule

A quick definition of franchiser:

A franchiser is someone who gives permission to another person or company (called a franchisee) to use their business name, products, and services in exchange for money. The franchiser has to tell the franchisee important information about the business and how it works before they can start working together. This helps the franchisee know what they need to do and what they can expect from the franchiser.

A more thorough explanation:

A franchiser, also known as a franchisor, is a person or company that grants a franchise to another person or company, known as the franchisee. The franchiser provides the franchisee with the right to use their business model, brand, and products or services in exchange for a fee or royalty.

For example, McDonald's is a franchiser that grants franchises to individuals who want to open their own McDonald's restaurants. The franchisee pays McDonald's for the right to use their brand, menu, and operating system, and in return, they receive training, support, and access to the company's resources.

Franchisers are required by law to provide certain disclosures to potential franchisees, such as information about the franchiser's financial condition and the obligations of the franchisee. This is to ensure that the franchisee is fully informed before entering into a franchise agreement.

franchisee | frank

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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