The conversation between human and AI assistant.
What are the advantages and disadvantages of a franchise?
That's good to know. Are there any legal considerations with franchising?
Yes, there are. Franchisees are required to sign a franchise agreement that outlines their obligations and responsibilities to the franchisor. This can include paying ongoing franchise fees and royalties, following system-wide policies and procedures, and complying with specific quality standards. However, franchisees may not have as much freedom as independent business owners when it comes to making decisions for their own business.