IPA: //ˈfræn.tʃaɪ.zər//
KK: /ˈfrænˌtʃaɪzər/
A person or company that gives the right to sell their products or services under their brand name.
The franchiser provided all the necessary training and support to the new franchisee.
Franchiser → It is formed from "franchise" (from Old French *franchise*, meaning freedom or privilege) and "-er" (meaning a person who). A franchiser is a person who grants the right to use a business model or brand.
Think of a franchiser as someone who gives 'freedom' ('franchise') to others to operate a business under their name.