Assertion: franchise's business model | /r/HasProperty | proven effective
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text: Franchising Pros Franchising Cons Franchises have the support of big corporations with a business model that has already been proven effective Predetermined branding limits creative opportunities to alter or make additions to the franchise Franchise business loans are easier to get than loans to start an independent business Monthly royalty fees, which most franchises charge and are typically about 4 percent - 6 percent of sales, reduce your profit potential Franchises already have a recognizable brand and a loyal customer base, making it easier to recruit top-tier employees Blunders of other franchisees can damage your franchise’s reputation