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11 questions
Starting the business is costly
Advantage
Disadvantage
The investment covers you for all opening aspects
Advantage
Disadvantage
The franchisee cannot sell the business without the permission of the franchisor
Advantage
Disadvantage
The franchise will advertise for you.
Advantage
Disadvantage
Do not have full control over decisions
Advantage
Disadvantage
A franchisor can offer ongoing support to the franchisee
Advantage
Disadvantage
Shared profits
Advantage
Disadvantage
The license given for a company or business to have more than one shop or outlet
Franchise
Profit
Investment
A company that allows someone to open up another chain of their stores and manage it
Franchisee
Franchisor
A person that opens another chain of a business that already exists such as Starbucks
Franchisee
Franchisor
The franchisor can choose from people who want a franchise. This eliminates people who are unsuitable for the job
Advantage
Disadvantage
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