Showing posts with label Franchising. Show all posts
Showing posts with label Franchising. Show all posts

Evaluate the advantages and disadvantages of franchising.

Evaluate the advantages and disadvantages of franchising.




Advantages of franchising:

-Less risk.
-Training and support.
-Brand recognition.
-Easier access to funding.

Disadvantages of franchising:

-Costs.
-Lack of control.
-Negative halo effect.
-Growth challenges.
-Restrictions on sale.
-Poor execution.