I found this list of 18 "Advantages of the Franchising System" . Some of them I agree with, but a few stand out as kind of misleading.
Take #17 for instance: Defined territories of operation within the Franchise can help protect the Franchisee from competition.
Defined territories will help protect the Franchisee from competition with other Franchisees but it won't protect from competition in general. A lot of franchises are fast food places or hair salons or something like that. They're going to face a lot of competition from other businesses outside the franchise doing the same thing.
I think the list could be a little less misleading. What do you all think?