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Franchisee
An individual or company that is granted the right by a franchisor to carry out business under the franchisor's brand and operational model.
Manager
An individual responsible for directing and overseeing the work of others and making strategic decisions for a business or organization.
Company Owned Store
A retail outlet that is directly owned and operated by the brand or company that offers its products or services, as opposed to being franchised.
Adverse Selection
A situation in economics and insurance where a party makes a decision based on information not available to the other party, leading to an imbalanced or unfair agreement.
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