Franchisees - An Example of When Things Go Wrong

Franchises are now a common feature of the business curriculum, and the textbooks generally paint a very positive picture of how they work.  But things can, and do, go wrong.  Here’s a great example....

Q&A - What are the disadvantages to a start-up of setting up as a franchise?

Whilst starting a business as a franchise is traditionally seen as a lower-risk approach, there are some significant disadvantages to consider:

Q&A - What is franchising?

A business idea for a start-up doesn’t have to be original. Many new businesses are formed with the intention of offering an existing business idea.  The use of franchises is a great example of that.