Good:
You buy a successful business model
Advertising is done for you
Customers can go to different chains and know that each store has the same quality.
Bad:
Upfront cost is high
Never ending royalties each month
Lack of control in any decision making
Longterm commitment
In the current economy opening a franchise is risky. It you have a high traffic flow area then you will do ok but if location is poor then you should start packing now. Remember LOCATION is key!
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Opening a franchise is good and bad.
Good:
You buy a successful business model
Advertising is done for you
Customers can go to different chains and know that each store has the same quality.
Bad:
Upfront cost is high
Never ending royalties each month
Lack of control in any decision making
Longterm commitment
In the current economy opening a franchise is risky. It you have a high traffic flow area then you will do ok but if location is poor then you should start packing now. Remember LOCATION is key!