Buying an independent business is on average lower risk than buying a franchise.

Question

Quizplus · Accepted Answer

Buying a franchise is typically considered less risky because the franchise has an established brand, proven business model, and support from the franchise company. However, owning an independent business may allow for more flexibility and control over operations. Overall, the risk level can vary depending on the specific circumstances of the business being purchased.

Buying an Independent Business Is on Average Lower Risk Than