What Are the Primary Advantages and Disadvantages of a Franchise

question 229

Essay

What are the primary advantages and disadvantages of a franchise arrangement for a franchisee?

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Definitions:

Risk-Taking

The act of engaging in behaviors that have the potential to result in significant loss or gain, usually in pursuit of a perceived benefit.

17-Year-Old Boy

A male human who is seventeen years of age, typically considered to be in the late stages of adolescence.

Erik Erikson

A psychoanalyst and developmental psychologist famous for his theory regarding the psychosocial development of individuals.

Integrity

The quality of being honest and having strong moral principles, or the state of being whole and undivided.