One advantage of franchising is that the owner of a franchise must give up some freedom in making business decisions that the owner of a nonfranchised business would normally be allowed to make.

Question

Quizplus · Accepted Answer

One advantage of franchising is that the owner of a franchise has access to support, training, and a proven business model provided by the franchisor. However, the owner must also follow certain policies, procedures, and standards set by the franchisor, which may limit their freedom to make independent business decisions.

One Advantage of Franchising Is That the Owner of a Franchise