An individual looking to buy a franchise should identify a franchisor that is the best potential match in
A)support.
B)history.
C)expansion plans.
D)all of these.

Question

Quizplus · Accepted Answer

To ensure a successful franchise venture, an individual should consider all three factors of support, history, and expansion plans when selecting a franchisor. Support from the franchisor is vital for new franchisees to learn and understand the franchisor's business model, and to receive ongoing support and training. A strong history of successful franchise operations indicates that the franchisor has a proven track record of success and can offer valuable guidance and expertise. Finally, the franchisor's expansion plans can provide opportunities for growth and profitability for the franchisee. Therefore, all of these factors are important to consider when selecting a franchisor for a potential match.

An Individual Looking to Buy a Franchise Should Identify a Franchisor