franchisors
/ˈfræntʃaɪzərz/
noun
- Plural of franchisor; companies or people that grant licenses to others to sell their products or services under their brand name.
- Many franchisors require franchisees to attend a training program before opening.
- The conference brought together franchisors from the food, retail, and service industries.
- Franchisors often charge an initial fee and ongoing royalties.