Malcolm is deciding whether to open a brand-new business or purchase a franchise.Which characteristic of a franchise would influence Malcolm toward a brand-new business?

Question

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Royalty payments are a characteristic of a franchise that could deter someone like Malcolm from choosing a franchise over opening a brand-new business. These are ongoing fees paid to the franchisor, which can be seen as a disadvantage compared to the financial independence of running one's own business.

Malcolm Is Deciding Whether to Open a Brand-New Business or Purchase