Final answer:
The correct answer to the question is 'loss of independence,' as purchasing a franchise often comes with operational restrictions that reduce an owner's decision-making freedom.
Step-by-step explanation:
Franchising has many advantages, but one disadvantage is the loss of independence. When you buy a franchise, you are required to follow the franchisor's established system and guidelines. This limits your ability to make independent decisions and operate the business in your own way. While this can be seen as a disadvantage for some, others may appreciate the structure and support provided by the franchisor.