Pros and Cons of Franchising ( for the franchisor) Flashcards

1
Q

Pros of franchising ( for the franchisor ) - 2

A
  • fast/effective way to grow the business
  • Franchisor gets set up fees & %of sales
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2
Q

Cons of franchising ( for the franchisor ) - 3

A
  • risk of franchisee damaging the brand if not run effectively
  • profits are shared
  • Costs of supporting franchisees maybe high
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