17.14: Introduction to Franchises
- Page ID
- 45491
What you’ll learn to do: discuss the advantages and disadvantages of franchises
For aspiring business owners who lack the time, vision, or resources to start from scratch, franchising is a viable alternative. Many industries such as fast food are almost wholly comprised of franchises. As appealing as it may seem to open a franchise, there are still risks for both the franchisor and franchisee.
Contributors and Attributions
CC licensed content, Original
- Outcome: Franchises. Authored by: Linda Williams and Lumen Learning. License: CC BY: Attribution