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goji.go goji.go
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10 years ago
Which of the following does a franchise company offer to people who want to start a business?
A) creative control and flexibility
B) lower initial costs than when starting a business from scratch
C) guaranteed freedom from local competition
D) marketing and financial tools to run a business
E) geographic and demographic studies of the best location to open a new store
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Diesel
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bbb
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#1
10 years ago
D) Franchisees are usually provided marketing materials generated by the corporation, as well as standardized financial and accounting systems. Franchisees are not offered creative control and flexibility in running their business, nor are there guarantees that they will have no competition from other franchisees. Initial costs are often higher when compared with independent start-ups because franchisers charge significant up-front fees and monthly royalties. Some franchises do not offer geographic or demographic studies of the best location to open a new store and instead may expect the franchisee to have completed a good market analysis and be familiar with the surrounding competition.
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goji.go Authorgoji.go
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10 years ago
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