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9.1
Franchising
Benefits for the Franchisor
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izzy
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Cards (6)
Quick method of growth for the
franchisor
The
franchisor
does not need to invest in additional
premises
or staff to grow, instead they can focus on developing the
business
idea
The
franchisee
takes some of the
financial
risk involved in expanding the company
Franchising and growing the business gives
opportunities
for increased economies of scale
The franchisor still retains control over the quality of the products and the way they are
marketed
and
distributed
The franchisee might have better
local
knowledge which can increase chances of success