Clare Coleman is a 28 year old woman who has always wanted to own her own business. sHe has some money set aside to fund this business, but doesnt know where to start. Her mother in law suggested that she look into a franchise because she has heard that franchises are easier to start and provide a lot of support. Because Clare has no experience owning a business, she wants more information about franchises.

provide Clare with some advice by answering these questions:

What are the benefits of operating a franchise?

What are the drawbacks of operating a franchise?

How can Clare reduce the drawbacks?