Which of the following statements regarding franchising is FALSE?
A) Franchises are more risky than other forms of business ownership.
B) Franchisees have the benefit of name recognition.
C) Franchisors provide a wide range of support to franchisees.
D) Benefits for the franchisor include opportunities for expansion that might not otherwise be available.

Question

Quizplus · Accepted Answer

Franchising is often considered a less risky option for entrepreneurs as they benefit from the established business model, support from the franchisor, and brand recognition. However, this does not mean that franchises are completely risk-free.

Which of the Following Statements Regarding Franchising Is FALSE