In a franchise, what are advantages and
disadvantages for the franchisee?
Answer: The advantages of franchising include access
to managerial and financial help, the benefits of the selling corporation's
expertise and experience, and reduced chances of failure. The disadvantages of
franchising include significant startup costs and continued obligations to
contribute a percentage of sales to parent corporations.
Source: Business Essentials, 8e (Ebert/Griffin) – Global Edition
There are many choices involved before choose to focus on franchising to generate income. Franchising might be valuable but they are not always beneficial for everyone. So it's important, you choose and that is might be right for you.
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