One drawback of operating a franchise is the greater risk of failure relative to independentlyowned businesses.

Name: One drawback of operating a franchise is the greater risk of failure relative to independentlyowned businesses.
Brand: Quizplus
Rating: 4.9 (31 reviews)

Question

One drawback of operating a franchise is the greater risk of failure relative to independently­owned businesses.

Quizplus · Accepted Answer

Franchises typically have a lower risk of failure compared to independently-owned businesses due to established brand recognition, proven business models, and support from the franchisor.

One Drawback of Operating a Franchise Is the Greater Risk