Advantages & Disadvantages of Franchising franchise advantages ...

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Advantages & Disadvantages of Franchising One of the biggest advantages of purchasing a franchise is the reduced risk that comes with buying into a proven business model where lots of the mistakes have been already been made for you. Ideally, what you’re really purchasing when buying a franchise is total business support.

franchise advantages

All Costs Are Known

Guidance on Location

Established Brand

Established Relationships

Guidance on Purchasing

Assistance With Training & Problem Solving

No Legal Issues

franchise disadvantages In addition to potentially onerous royalties and high initial investment costs, other downsides can include:

Restrictions

Limited Control of Goods & Costs

Restrictions on Business Associations

Little Say Over Jobs You Can Take

Higher Marketing Costs

Bad Press Created by Other Franchisees

www.nfib.com/franchise

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