Why do franchises fail?

Books have been written about the advantages and disadvantages of franchising. The government has even chimed in with its view. As always with these things, there is no definitive right or wrong answer. One of the great attractions of a franchising system is the promise of a ‘proven system’, making the decision to invest less risky. Yet all businesses run the risk of failure and franchise businesses fail too. Some sources suggest the failure rate is the same or at least very similar. Of cour

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