The conversation between human and AI assistant.
What are the advantages and disadvantages of a franchise?
Can you tell me about the advantages and disadvantages of a franchise?
Sure, happy to help. One advantage of a franchise is that you get to use a well-established brand and business model. This can make it easier to attract customers and get your business up and running. However, a disadvantage is that you have less control over your business operations since you have to follow the franchise rules and regulations.