What is the purchaser of a franchise called?

The purchaser of a franchise is called the franchisee. All franchisors give geographical protection to their franchise holders.Click to see full answer. Likewise, what is the synonym of franchise?franchise, enfranchisement(verb) a statutory right or privilege granted to a person or group by a government (especially the rights of citizenship and the right to vote) Synonyms: certification, enfranchisement, dealership.Additionally, what is a franchise simple definition? A franchise, in its simplest definition, is a business opportunity that allows the franchisee (possibly you) to start a business by legally using someone else’s (the franchisor’s) expertise, ideas, and processes. Furthermore, what does a franchise owner do? A franchise owner, or a franchisee, is someone who buys a business that is part of a chain (think McDonalds, or Kentucky Fried Chicken), using the same name, trademark, product, and services. The business may be co-owned by the umbrella company and the franchise owner, or independently-owned.What are the different types of franchises? The five major types of franchises are: job franchise, product franchise, business format franchise, investment franchise and conversion franchise. Job Franchise. Product (or Distribution) Franchise. Business Format Franchise. Investment Franchise. Conversion franchise.