Consider this quote: "If you can't follow somebody else, don't buy a franchise." Which characteristic of a franchise does this describe?
A) High success rate
B) Restrictions on growth
C) Loss of entrepreneurial independence
D) Location problems

Question

Quizplus · Accepted Answer

This quote describes the loss of entrepreneurial independence that comes with buying a franchise. Franchise owners must follow the rules and guidelines set forth by the franchisor, and deviation from these guidelines can result in penalties or termination of the franchise agreement. If someone is not willing to follow someone else's rules and guidelines, then they should not consider buying a franchise.

Consider This Quote: "If You Can't Follow Somebody Else, Don't