Unfortunately this is not always true and interested buyers should be fully aware of franchise advantages and disadvantages before making the decision to become a franchisee. Their Way or the Highway - The main disadvantage of buying a franchise is that you must conform to the rules and guidelines of the franchisor.
Some franchisors exert a degree of control that you, as a supposedly independent business owner, may find excruciating.
Such measures, however, did little to stem health concerns.
In addition, as one of the world’s largest private employers, Mc Donald’s faced numerous calls to increase wages.
Mc Donald’s responded by adding healthy items to its menu, and in 2017 it began testing a vegan hamburger.
During this time it also eliminated supersized portions, and its U. and Canadian restaurants stopped using trans-fat oil in a number of items.Our editors will review what you’ve submitted and determine whether to revise the article.Join Britannica's Publishing Partner Program and our community of experts to gain a global audience for your work!Cost - Buying into well-known franchises is very expensive.If this is your choice, you will have to have deep pockets and/or the ability to arrange the necessary financing.Seeing great promise in their restaurant concept, Kroc offered to begin a franchise program for the Mc Donald brothers.On April 15, 1955, he opened the first Mc Donald’s franchise in Des Plaines, Illinois, and in the same year launched the Mc Donald’s Corporation, eventually buying out the Mc Donald brothers in 1961.It effectively became the most popular family restaurant, emphasizing affordable food, fun, and flavours that appealed to children and adults alike.The success of Mc Donald’s brought increased criticism, much of which concerned its perceived association with a global increase in obesity.Just because a business is offering franchises is no guarantee that the franchise you buy will be successful.Keep in mind also that defining "success" is subjective - some franchise operations may perform reasonably well but never achieve the owner's desired level of profitability.