False: The person offering the franchise is known as the franchisor, not the franchisee.

Explanation:
- Franchise: A franchise is a legal and commercial relationship between the owner of a trademark, brand, or trade name (franchisor) and an individual or group (franchisee) who is granted the right to operate a business using that trademark, brand, or trade name.
- Franchisor: The franchisor is the person or company that grants the franchisee the right to operate a business using its trademark, brand, or trade name. The franchisor provides the franchisee with guidelines, training, marketing support, and ongoing assistance to help them run the business successfully.
- Franchisee: The franchisee is the person or group who purchases the rights to operate a business using the franchisor's trademark, brand, or trade name. The franchisee pays an initial franchise fee and ongoing royalties or fees to the franchisor in exchange for the right to operate the franchise business.
- Offering the franchise: The act of offering the franchise is done by the franchisor, not the franchisee. The franchisor is responsible for finding suitable individuals or groups who are interested in becoming franchisees and offering them the opportunity to invest in and operate a franchise business.
- Role of the franchisor: The franchisor plays a crucial role in supporting and guiding the franchisee throughout the operation of the franchise business. They provide training, marketing materials, operational support, and ongoing assistance to help the franchisee succeed.
- Responsibilities of the franchisee: The franchisee is responsible for operating the franchise business according to the franchisor's guidelines and standards. They must follow the established business model, adhere to quality standards, and pay the required fees and royalties to the franchisor.
- Benefits of franchising: Franchising offers several benefits to both the franchisor and the franchisee. The franchisor can expand their business quickly and efficiently through the efforts of multiple franchisees. The franchisee benefits from the established brand recognition, proven business model, and ongoing support provided by the franchisor.

In conclusion, the person offering the franchise is known as the franchisor, not the franchisee. The franchisee is the individual or group who purchases the rights to operate a franchise business from the franchisor.