Franchising offers many advantages to the Franchisee which make franchising and attractive business model. Some of these advantages are:
• A franchise increases the chances of business success because of the association with a proven product or service
• A franchise provides a level of training and support
• A franchise allows the franchisee a certain level of freedom in where they can run their business
As with any thing else, there are disadvantages, listed are just a few:
• Franchises require strict adherence to proven operational systems and the franchisee forfeits some independence
• There are fees associated with franchises such as, ongoing royalties and advertising fees
• The length of the franchise agreement may be limiting to the franchisee
