Management

Advantages and Disadvantages of Restaurant Franchising

Advantages and Disadvantages of Restaurant Franchising

This article focus to explain Advantages and Disadvantages of Restaurant Franchising. There are many different types of company format franchises, but when most people think of a new franchise business, their particular first thought can be of food. The success and growth of many big brand-name fast-food franchises makes this a logical first stop in the thinking practice. When evaluating restaurant franchises, you must consentrate on the characteristics on the business from a new franchisee’s perspective to find out whether this industry is the right choice for you. This article focus on Advantage and Disadvantage of Restaurant Franchising; advantages are Easier to receive business financing, Access to elite marketing materials. Disadvantades are: High purchase price, High employee turnover etc.