Which of the following is NOT a significant drawback of buying a franchise?
A) A franchisee has less independence and flexibility because of franchise requirements.
B) Without an established track record, it is harder to get credit from both lenders and suppliers.
C) The initial cost of buying into a well known franchise can be on the expensive side.
D) Apart from the steep cost of buying the franchise, an ongoing royalty fee must also be paid.
Correct Answer:
Verified
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