if its not in a particular place where their is alot of people it may not make enough money.
1. To promote and expand the brand 2. Have more locations and more of your shops
By control I will assume you mean who runs a Franchise. The Franchise owner controls the franchise. The Franchise owner is controlled by the Franchise Contract.
main advantages.... have established brand at start up , experience and guidance in that particular market. main disadvantages.... high initial cost , have to adhere to the franchiser's rules so not totally an independent business and yet you are putting in your risk of capitol and time.
The plural of franchise can be either franchise or franchises.
if its not in a particular place where their is alot of people it may not make enough money.
1. To promote and expand the brand 2. Have more locations and more of your shops
If you franchise you will have to share the profits and you won't have total control over your company. It all depends what you are willing to give up and what you will get in return.
For every kind of Business comes both disadvantages and advantages. A Franchise is no different. You basically want to make sure the pros outweigh the cons by effectively researching Franchises, so you can cover all of the bases. One of the disadvantages of buying a Franchise is that certain companies may require you to engage into a contract of cohesion, although highly nonviable it is always recommended to hire a Franchise Lawyer to check into the degree of a Franchise cohesion contract, before contemplating on a purchase. I would recommend reading an article written by Nancy Adler provided under related links below which can give you a clear insight on how to choose the right Franchise. you end up feeling like an employee
By control I will assume you mean who runs a Franchise. The Franchise owner controls the franchise. The Franchise owner is controlled by the Franchise Contract.
One of the main disadvantages of buying a franchise is that you may end up feeling like an employee. Franchise owners often have to adhere to strict guidelines and protocols set by the franchisor, which can limit their autonomy and decision-making power. This can lead to a sense of working for the brand rather than being an independent business owner.
I was able to discover useful information by visiting bestsmoothiefranchise.com. On their site you can research a number of disadvantages related to becoming a franchisee.
its a franchise
main advantages.... have established brand at start up , experience and guidance in that particular market. main disadvantages.... high initial cost , have to adhere to the franchiser's rules so not totally an independent business and yet you are putting in your risk of capitol and time.
Advantages:You get the reputation of a major brand.You benefit from the brand's advertising and get their business.Disadvantages:Must pay franchise license fees.Despite owning the stores yourself, you have to do things the way the corporate office says. If you refuse to comply with their standards, they could take your franchise license and any signage with their name on it.
The plural of franchise can be either franchise or franchises.
franchise