Benefits of Franchising:
- You get proper training.
- Financial assistance.
- Proven market methods.
- Managerial assistance.
- Lower risk rate.
Negatives of Franchising:
- Franchise fees.
- Royalties.
- Restrictions on growth.
- Less independent in operations.
- Franchisor might be the sole supplier of the supplies.
- Can be terminated whenever franchisor wants.