Below are the factors to be considered when venturing a franchise business:
The costs involved both fixed and variable costs to open a franchise.
The expected return on investment from the franchise business.
Availability of resources and support from parent organization.
Future potential growth of business.
Ability to cope up with the strict rules and regulations of the principal company.
Ability to manage with the restricted modification of operations.
Ability to manage with the restrictions on new marketing strategies.
Mc Donald is successfully engaged in franchising business.
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