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wariber [46]
4 years ago
13

I need help please! what do you think is positive about franchises in general? negative?

Business
1 answer:
mote1985 [20]4 years ago
7 0

It may seem that franchise has many benefits since it allows for a person to open and operate a business without much knowledge of how to run a business and generally franchises are well advertised so not much marketing costs are needed, however negative impacts are much more, since you need to pay lifetime percentages for sales and operating under franchise as well as there is no room for creativity and too much dependence on a big business. Also the funds needed to open a franchise are much higher than same business but operating independently. So negative side is prevailing.

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