The parent company needs the franchise to do well, because the reputation of the brand is at stake. Even if one franchise of a brand gets a bad name, the whole business would be affected. The owners of a franchise can make their own decisions related to the business but within the guidelines provided by the parent company. Franchises and business opportunities benefit from the established and instantly recognisable branding of their parent company and tend to hit the ground running when they start up. They have instant access to an established supply chain and experts at hand who can help you through those tricky early years of business ownership. More standard franchise opportunities generally require a significant initial investment, which is likely to require support from a funding body or a bank.
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