What are the Downsides of Owning a Franchise?
For one, in exchange for the security, training, and marketing power of the franchise trademark, a franchisee must be able and willing to give up some independence. If you are a person who likes to make most decisions on your own or to navigate the course of your business alone, a franchise may not be right for you. A franchisee is required to comply with the various controls and procedures established by the franchisor.
