Franchise Advantages And Disadvantages

ADVANTAGES OF FRANCHISE
A franchise offers the benefit of operating under the banner of an already well-known business. The ideas, the brand, the operating methods and much more are already tried and tested and in place ready to be implemented again and again at a new location as each franchisee takes up the responsibility.
As for Hot and Roll, the percentage for the franchisee success in the business is higher because Hot and Roll already a well-known in food and beverage industries. Consumers already recognize about the product, logo and concept of the fast food restaurants which serves wholesome, tasty treats and hygienic food that everybody can enjoy anytime and anywhere.
Operating under the excellent of a franchise allows a franchisee to take advantage of the previously established brand of the business. There will less work involved in trying to establish and form on the brand of the business. It will already be known and trusted by the market and therefore should produce a balanced stream of brand-loyal customers. Adopting a franchise means the advantage of the franchises trademark and the benefits of a registered trademark.The old myth is that 95% of businesses fail within the first 5 years. The security offered by the franchise can give the impression that the business will be less possible to fail.
Another advantage of franchises is the fact that obtaining business finance is generally easier. Investors are far more eager to invest in a business with an established network, sheltered brand and effective support organization. In some cases, finance may be acquired from the franchisor, making life even simpler for the new business.
Hot and Roll offers low start-up cost to new comers of franchisee. It is because it is only ...

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...the franchise contract. As part of the continuing franchise contract, they will then be paying on-going fees for the support and training provided by the franchisor. In the long term, this means a restriction to the amount of profit that can make by a franchisee.
The franchisor will expect a cut of the profit. Franchisees do all the hard work and still have to pay franchisor for the privilege of using their brand name and support. When times are hard, this might mean a further reduction in already low profits and a struggle for your business. Start own business will often be the better choice, as there will be fewer restrictions on how to operate the business and more potential avenues for profit, without the overheads.

1. http://blog.thecompanywarehouse.co.uk/2010/10/04/advantages-and-disadvantages-of-a-franchise/
2. http://hotandroll.com/franchise-oppertunity/