Advantages and disadvantages of franchises

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On February 6, 2025

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What is a franchise?

“It is a successful business model that is ready to be replicated, or in other words, to be cloned”

Generator of employment and productive chains.
Develop and promote entrepreneurship.
Reduces the risk in creating a business.
Allows work independence.
It requires permanent technological innovation.
Facilitates the transmission of Know-How knowledge.
Demand respect for intellectual property.
Promotes quality and customer service.
Facilitates market positioning.
Payment of entry fees and royalties (Percentage of sales).
He does not own the brand.
The main decisions are made by the franchisor, limiting its ability to innovate and act independently.
Supervision and surveillance by the franchisor.
Its success is linked to the success or performance of the franchisor and other franchisees.