Question: What are the disadvantages of franchise stores?
Answer: 1. The prospective franchisee may find it difficult to assess the quality of the franchisor. 2. The franchise contract will contain some restrictions against the sale or transfer of the franchised business. 3. The franchisor's policies may affect the franchisee's profitability. 4. The franchisor may make mistakes in their policies. 5. The good name of the franchised business and its brand image may become less reputable for reasons beyond their control.
Question:
What are the disadvantages of franchise stores? Answer:
1. The prospective franchisee may find it difficult to assess the quality of the franchisor. 2. The franchise contract will contain some restrictions against the sale or transfer of the franchised business. 3. The franchisor's policies may affect the franchisee's profitability. 4. The franchisor may make mistakes in their policies. 5. The good name of the franchised business and its brand image may become less reputable for reasons beyond their control. Source: CoolInterview.com
If you have the better answer, then send it to us. We will display your answer after the approval.
Rules to Post Answers in CoolInterview.com:-
There should not be any Spelling Mistakes.
There should not be any Gramatical Errors.
Answers must not contain any bad words.
Answers should not be the repeat of same answer, already approved.