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Spider diagram - Coggle Diagram

- - - - No need to build a customer base
        
        Stock control, accounting systems are provided by the franchisor
        
        Established products reduces the risk of failure
  - - - The franchisee will keep most of the profit
  - - - Decisions made in pricing and products offered will be made by the franchisor, yet this may not always suit local market conditions
  - - - The franchisee has to pay the start-up costs
        
        The franchisee will run the franchise on behalf of the franchisor
        
        The franchisor receives yearly royalties from the franchisee
- - - - More access to capital: More partners that to invest in the business.
    - - Conflicts of interest: Partners may have conflicts with decisions in the business.
- - - - Private: Costumers paying for a product or service
      - Public: They are funded using taxes money
    - - Private: Make as much profit as possible
      - Public: Exist to provide a service to general public and to provide value for taxpayers money
    - - Public: The government owns the organization
      - Private: Individuals owns the organizations it can be a solo trader or partner in a partnership
- - - - Expertise, offered by the both organisations
        
        Capiatl is invested by both organisations
  - - - Decisions are from both organisation, that can make slower the making decisions making process.
        
        Profits are diveded