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so the earlier videos we discussed who's the franchisor and who's the franchisee
and
if you're buying a franchise your the franchisee but
it's also important to understand what is the franchisor franchisee
relationship
what is the franchisor franchisee relationship
and it's very much a dependent relationship the franchisor
establishes business systems the franchisor has established the
operating business hopefully a successful track record
and now the franchisor is granting to you
as a franchisee the right to establish your own franchise location
as a franchisee you have rights and you have obligations
you've acquired or you will be acquiring from the franchisor the right
to use the franchisor's trademarks to follow their business systems
and to rely upon them for support your obligations as a franchisee
relate to establishing a franchise location
running the franchise location and take in the day-to-day steps to make that
business successful
so the franchisor franchisee relationship it's a dependent relationship
the franchisor established the system and the guidance
and you as a franchisee now have the obligation to go out there
and to create another successful business