Which Of The Following Is An Advantage Of A Franchising Agreement


And if that`s the case, then the growth rate experienced in the years leading up to the Great Recession might not be the measure of growth over the next decade. This is therefore an extremely important issue that requires some evaluation. The answer depends on it and varies depending on who you are and your goals. For example, you are a successful business owner who wants to grow your business through franchising (a future “franchisor”) or you are a person who wants to make a change and buy a franchise (a future “franchisee”). – You buy a name and brand recognized by the public. So they have a huge advantage over starting a business from scratch, as they already have an established customer base. The content of a franchise agreement may vary depending on the franchise system, the jurisdiction of the franchisor, the franchisee and the arbitrator. Closed store: Franchisees face risks and inconveniences that can compromise their ability to stay open…

Pin It