What are the Advantages of Franchise Business?

[Suba]

Franchise business means that we as individuals or on behalf of the company rent trademarks belonging to other companies, for us to operate. We as franchisees certainly have to carry out systems and procedures and ways/business strategies that have been determined.
There are many types of franchises that we can apply to, such as automotive, hotels, courses, entertainment, fast food and bakeries, tours and travel, mini markets, delivery services, etc. So before starting a franchise business, we must know the advantages, what do you think?

 

[nomad]

You don't have to build the brand as the business has already built a brand. The fees you pay is actually for the brand you are using.

 

[uptrendfinancialsignal]

Franchise could be an advantage because you are selling brands of already established companies which are well-known to the people.

 

[Reedex]

Franchise has a great advantage most especially if you're promoting a well-known product in