Franchising is not for everybody, and it is important that you know what the drawbacks are before making any sort of commitment. As I explain in this video, it can be an inflexible method of doing business as each Franchisee is bound by the franchise contract to operate the business in a certain way. The Franchisor has created a brand and developed a system, and to protect it he needs the Franchisee to observe the rules he has set.
You are an independent business owner operating under the Franchisor’s umbrella. But you have to follow the rules.Do consider carefully if you’d be happy to run a business under such constraints. It is not easy to get out of a franchise agreement before the term has expired and you may have problems selling it on.