The advantages of franchises include the following; Getting assistance from financial institutions Training of personnel Ability to access market research They are able to access standard stock control systems The disadvantages include; Franchisor may not renew the contract at the end of the term Buying a franchise requires payment Long decision-making processes Limited territory within which to operate
The common perceived disadvantage would be continuing royalty payments However, that is typically the revenue stream of the franchisor, which provides continuity of operations. The advantage of Franchising is that it provides a better access to capital, and if you never owned a business, provides a validatable model improving your chances of success
Franchiser
Advantages: Easier loan approvals, thought out and often proven business plan, support from corporate, co-op advertising, brand name advantage etc... Disadvantages: Royalty fees, binding agreement, higher up front cost
The advantages and disadvantages of Aalaamal business across the internet
advantage for the comapany is to grow without using it's cash, credit, or dilution of stock and receive ongoing income stream without the associated G & A costs of expansion disadvantage is a somewhat loss of direct operational control
effect of franchising
Franchiser
Advantages: Easier loan approvals, thought out and often proven business plan, support from corporate, co-op advertising, brand name advantage etc... Disadvantages: Royalty fees, binding agreement, higher up front cost
Advantages and Disadvantages of equity
advantages and disadvantages
When it comes to opening a new business, many look for franchises as a way to shortcut the business start-up time and cut down on failure opportunities. Franchises are often considered a safer investment because they offer a proven record of success. Some of the advantages of franchising include: · Established lower failure rate · Ongoing help with start-up process and beyond · Set buying power · Brand awareness · Franchises are highly profitable On the other hand, as with much other businesses, there are some disadvantages of franchising: · High initial investment · They have set rules · Ongoing cost · Competition
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