The Martin family owns two Tim Hortons locations in Manitoba. The franchisor has announced that Tim Hortons will begin offering blended shakes in time for the busy summer season. This new menu offering requires franchisees like the Martin family to purchase expensive new equipment in order to make the blended shakes. This is an example of which trade-off of owning a franchise?

Question

Quizplus · Accepted Answer

One of the trade-offs of owning a franchise is that the franchisor has control over certain aspects of the business, including menu offerings and equipment requirements. In this case, the Martin family must purchase new equipment to offer the new blended shakes, as dictated by the franchisor's menu requirements. This is an example of a trade-off where the franchisee must comply with the franchisor's requirements in order to take advantage of the benefits of owning a franchise.

The Martin Family Owns Two Tim Hortons Locations in Manitoba