Franchising

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  • Created by: pinkbeer
  • Created on: 20-08-19 13:11

Franchising

Advantages

  • Lower risk the setting up independently
  • Support and training is provided
  • Franchisees benefit from national marketing campaigns

Disadvantages

  • Have to pay initial cost and on going fees
  • Cannot make independent decisions
  • Brand reputation can be ruined by other franchises if they don't maintain standards

Evaluation

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