Opening a franchise can be an exciting opportunity, but like any business venture, it comes with its own set of pros and cons. Before embarking on this path, it's important to consider both the advantages and disadvantages of franchising. The Farmington Regional Chamber of Commerce offers the following points for your consideration.Pros:Lower Risk than From-Scratch Business One of the key advantages of opening a franchise is that the inherent risk is lower than starting a business from scratch.