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Now look at the other side ie problems with it. For evaluation you need both sides

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Now look at the other side ie problems with it. For evaluation you need both sides

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Also please analyse more ie fully explain why it is prob;ematic

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Opening a franchise is usually less risky than setting up as an independent retailer. The franchisee is adopting a proven business model and selling a well-known product in a new local branch.

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A franchise is a joint venture between:

franchisee

franchisor

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Franchising

An entrepreneur can opt to set up a new independent business and try to win customers. An alternative is to buy into an existing business and acquire the right to use an existing business idea. This is called franchising.

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the business that gives franchisees the right to sell its products in return for a fixed sum of money or royalty

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a business that agrees to manufacture, distribute or provide branded product, under licence by a franchisor.

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The right given by one business to another to sell goods and services using its name