Franchisees are not really entrepreneurs because they have a contract with a franchising organization.

Question

Quizplus · Accepted Answer

Franchisees do have some level of entrepreneurial responsibility and risk, even though they have a contractual agreement with the franchising organization. They still operate and manage their own business within the framework provided by the franchise, and they assume financial and operational risk.

Franchisees Are Not Really Entrepreneurs Because They Have a Contract