What is the difference between a franchisee and a franchisor?
What is the difference between a franchisee and a franchisor? While a franchisor is an established entrepreneur with a licensed business model, a franchisee is a person or corporation that owns and operates the business using the business model licensed by the franchisor.
Do franchise owners have to work?
Depending on the type of franchise, you may feel the need to play an active day to day role in order for it to be successful. However, if that's not what you're looking for, there are plenty of franchises that allow you to be a business owner while maintaining your current forms of income.