Advantages and Disadvantages of Franchises Flashcards by Emily Schretlen

Q

franchise advantages (1/5)

A

management and marketing assistance

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Q

franchise advantages (2/5)

A

personal ownership

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Q

franchise advantages (3/5)

A

nationally recognized name

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Q

franchise advantages (4/5)

A

financial advice and assistance

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Q

franchise advantages (5/5)

A

low failure rate

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Q

franchise disadvantages (1/6)

A

large start-ups

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Q

franchise disadvantages (2/6)

A

shared profit

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Q

franchise disadvantages (3/6)

A

management regulation

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Q

franchise disadvantages (4/6)

A

coattail effects

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Q

franchise disadvantages (5/6)

A

restrictions on selling

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Q

franchise disadvantages (6/6)

A

fraudulent franchisors

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