An entrepreneur evaluating a franchise would consider which of the following criteria?
A) unproven versus proven franchise
B) financial stability of the franchisor
C) potential market for new franchise
D) profit potential for new franchise
E) All of the answers are correct.
Correct Answer:
Verified
Q42: Control over the marketing mix: The franchisor
Q43: Many franchisees purchase the rights to a
Q44: Most franchisors will stipulate that the franchisee
Q45: Oversaturation Some franchisors' overly aggressive expansion strategies
Q46: As discussed in the text, the most
Q48: An unproven franchise _.
A) is less expensive
Q49: An entrepreneur evaluating an investment in a
Q50: From a legal perspective, in Canada, only
Q51: Financial stability of franchise. The purchase of
Q52: An entrepreneur investing in a franchise should
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents