A turnkey operation can be best described as a:
A) franchise in which the franchisor builds and equips the place of business and leases it to the franchisee.
B) limited liability partnership in which partners frequently rotate in and out.
C) franchise operated by a person as his or her own personal property.
D) franchise in which the franchisee carries out the advertisement campaigns.

Question

Quizplus · Accepted Answer

From a franchisee's standpoint, especially if he or she has had little or no experience in the business being franchised, the most important services of the franchisor are likely to be advertising, training in the business, and advice after the business is under way. Some franchisors also assist with financing. They may build and equip the place of business and lease it to the franchisee-a so-called turnkey operation.

A Turnkey Operation Can Be Best Described as A