Advantages and disadvantages of running a franchise
by
Alan AlbertaThe Franchise is one of the popular options to invest, since some part of the business would be taken care by the brand. As brand owners would be busy with producing the product and promoting it, they would be looking out for interested individuals, who can take care of their selling with the help of a franchise. These franchises are provided by the brands at a certain cost with a list of terms and conditions, as franchise owners would be representing the brand in the market. There are a lot of advantages and disadvantage of owning a franchiseThe Advantages of owning a franchise1.Working under a reputed brandThe franchise belongs to you and you will have an opportunity to work under a reputed brand. A business opportunity with a lot of respect, since you would be running a part of a big brand in the society. As there are enough promotion and marketing activities taking place, you do not have to worry about the brand, customers and the business.2.Guaranteed businessAs long you have a franchise with a reputed brand in the market, you get to see a lot of business with the help of their marketing strategies. There is no need to generate or promote business to succeed, it is all about providing good service with the help of the brand and try to take some initiatives to compete with other franchise owners. 3.Easy to raise moneyIt is easy to raise money for an investment, since you be owning a franchise of a reputed brand. The investment for the franchise acts like a collateral and ends up in high value compared to any your own brand, which would not have enough branding. The brand gives out an option to take raise money, as it improves his branding in an indirect way.The Disadvantages of owning a franchise1.No independenceFranchise belongs to you, since you have paid a fortune to brand, however, you would not have enough independence in terms of business. There will be a set of rules from the brand, which needs to be followed at any cost. This replicates working under a company on a contract basis, where you will have enough room to play around, but you are still not a part of the company.2.Huge amount of investment is involvedFranchises do not come cheaper, as the brand will have to invest in their marketing strategies. A huge amount of investment in every franchise is discouraging, since we would not have a complete idea about the future business. Pizza franchises were the pick of the day a decade back, however, it is not successful these days. Pizza franchises did try to make a mark by providing Pizza franchise opportunities
to multiple many people in the same neighborhood and ended up by charging high prices for the food items.
For More Information:- http://www.blockspizza.com/pizza-franchises-opportunity
Alan Alberta is dedicated to help others by sharing useful tips and techniques that he has discovered. He writes on Healthy Food, Travel and Software. He always strives to provide useful information and strategies that will be helpful to the readers. He keeps a keen eye on the latest news in the Healthy Food and Software industry and posts articles regularly on various websites.
Pizza Franchise Opportunities
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