Which ownership form licenses a brand's name and concept to another operator?

• A. Corporation
• B. Franchise
• C. Entrepreneur
• D. Head Chef

Answer: (B)

Franchising is when the brand owner licenses the use of the name, logo, and operating system to another operator. The franchisor provides the brand, a proven concept, training, and ongoing support, while the franchisee runs a location under that brand and pays fees or royalties. This setup lets the brand expand while maintaining consistent standards across locations. The other terms describe different ideas: a corporation is a legal business structure, an entrepreneur is a person starting a business, and a head chef is a leadership role in the kitchen, none of which specifically involve licensing a brand and concept to someone else.