Business Notes: Benefits of operating as a franchise

Benefits for the franchisee:

  • Get provided with the equipment
  • Already have a customer base
  • Become apart of an established business
  • Don’t have to start from scratch
  • Training and on going support
  • Benefit from marketing campaigns
  • Know costs

Benefits for the franchisor

  • Benefits from the growth
  • Fairly low risk
  • Become more well known in a wider geographical area
  • Reputation
  • Rapid growth

Franchisee is the individual who buys the franchise
Franchisor is the person selling the company

– Esjae x

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