What are the benefits and draw

最佳答案 - 由提问者2007-10-10 05:57:56选出

Advantages are:
1. One of the major advantages of franchises is the established name recognition it provide to the business.

2. When a business is associated with a franchisor then the big-business themselves help in corporate marketing of the small industry or business they are providing support for.

3. The bulk purchasing power it gives to small business and industries.

4. A major advantage of franchise is the training and management facilities the franchisor provides to the business.

Disadvantages:
1. The creative control that a small business owner have is often hinder when franchising in done. No flexibility.

2. There are several occasions when the term and conditions imposed by the investors and franchisors are biased and getting a firm deal with the companies safe-guarding the interest of both parties is a complex task.

3. A complete and through research is required to select the right franchise and to determine whether it would work for the business or not.

4. This is a complex procedure and there are numerous instant during the business when heated discussion and disputes occurs between the small business and franchisor.
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click the following links to view more details.

http://www.smallbusinessbible.org/advantages&disadvantages.html

http://www.franchoice.com/franchise-information-guide/why-buy-franchise/advantages-and-disadvantages-of-franchising.aspx