Benefits for the Franchisee

Cards (7)

  • Least risky way of starting a business
  • Franchise businesses usually have established brand names - increasing chances of success
  • Financing the business is likely to be easier as banks will be more willing to lend
  • The franchisor offers support and training
  • Lower advertising and promotional costs as national advertising will be done by the franchisor
  • The franchisee usually has exclusive rights to their area
  • Relationships with suppliers will have been established