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It seems that the recent economic situations in the US and around the world have caused a lot of people to take a step back and realize that staying in the box with a traditional 9-to-5 job just isn't enough anymore. Many people are now looking elsewhere for alternative ways to escape the rat race and reach their financial goals. One place some of these people may be looking at is the idea of starting a franchise. But what is a disadvantage of a franchise? And what might be a better choice for someone who wants to be be their own boss? The following are some key disadvantages to consider about franchises as well as some better options you may want to consider in your business research and pursuits.

What is a Disadvantage of a Franchise:

Most people who are drawn to the idea of starting a franchise are attracted to the idea of a business with an already well-know name, such as McDonald's or Subway, so that they will have instant customers as well as advertising already in place. But what they may not be aware of are some of the major disadvantages that can make starting a franchise so extremely difficult:

1. Loss of Control: When you buy into a franchise you give up total control of all the key aspects and components of your company. Any changes that you might want to make (even if they would be obvious improvements) must be approved by the owner of the Franchise. So in other words, you are not truly the boss!

2. Poor Communication: It can also be quite difficult to maintain good communication with the Franchisor which can result in major disagreements.

3. High Cost: Probably the most obvious disadvantage with buying a franchise would be the high start-up cost required to invest and buy your franchise. There is often a high upfront fee that is required in order to use just the Franchiser's trademark and name as well as royalties that must be paid out of your earnings for the entire time that you run your franchise business!

From my experience as an entrepreneur, there is definitely a less troublesome way to secure your own financial freedom without the stress of starting up a franchise. Many people around the world are achieving huge success through the home business industry, usually by starting an online business. This allows you to earn legitimate and substantial income while allowing you to still have the freedom of a flexible schedule to travel and spend time with your family or however you choose to spend your time. As a matter of fact, many of the world's top financial leader's are proclaiming the home-based business industry as the number one industry to create more millionaires than any other in history!

So if you are looking to become an entrepreneur but are not yet sure if a franchise is the way to go, I would strongly recommend looking into a home business that is run online. The top online opportunities available will provide professional and extensive support and training with an automated system that you can just plug yourself right into and then finally be in complete control of your financial future and success!