Question & Answer Forum (Week 06)

Discussion Question 01

Discussion Question 01

by Md. Kamruzzaman Didar -
Number of replies: 13

What are the main advantages of Franchising Business? 

In reply to Md. Kamruzzaman Didar

Re: Discussion Question 01

by humaira tonni -
There are several advantages of franchising for the franchisee, including:

1.Brand Name.
2.Buying power.
3.Profits.
4.Lower risk.
5.Guidance.
6. Financial Assistance.
In reply to Md. Kamruzzaman Didar

Re: Discussion Question 01

by MD Nazmul Haque 181-11-5807 -
As a business structure, a franchise can certainly be an appealing option. With a number of advantages, it is often the choice of those looking to start a new business without the risks associated with going out on their own. The main advantages of Franchising Business are;
1. An Established Business
2. Business Relationships
3. Guidance
4. Brand Name
5. Proven Product
6. Financial Assistance
7. Support and Security
In reply to Md. Kamruzzaman Didar

Re: Discussion Question 01

by arafa habiba monisha -
advantages of Franchising Business
1.Brand Name.
2.Buying power.
3.Profits.
4.Lower risk.
5.Guidance.
6. Financial Assistance.