What is the common perception of the franchising industry. Good, bad or indifferent?

Being in and around the franchising industry some some time (!) and understanding the key benefits of the franchisee/franchisor relationship from first hand, doesn't necessarily put me in the best position to get an understanding of what other people are now thinking. I mean those who have never wanted to, might think about, or have very recently taken the plunge into franchising.

What is the common perception of the franchising industry?

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