A business entity that allows others to operate a business using its name, trademark, business methods, and products in exchange for money and other considerations is called a franchisee.

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A franchisee is the person or entity that operates the business using the franchisor's name, trademark, business methods, and products in exchange for money and other considerations. The franchisor is the business entity that grants the franchise and allows others to use their business model.

A Business Entity That Allows Others to Operate a Business