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Business LibreTexts

17.14: Introduction to Franchises

  • Page ID
  • 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