Franchisees are independent third-party operators who market and sell a company's products or services under the company's name

Indicate whether the statement is true or false

TRUE
Explanation: Franchises are owned by people who pay a franchising fee and royalties in order to sell the franchise company's product or services under the company's name. Franchises are often desirable ways to start up a business because the owner can take advantage of the franchise company's reputation, training, and established operating system.