From the franchisee's perspective, which of the following is an advantages of a franchise arrangement?
A) Easier access to funding
B) Unlimited opportunities for growth
C) Low cost of formation
D) Freedom and flexibility in management

Question

Quizplus · Accepted Answer

Easier access to funding is an advantage of a franchise arrangement as franchisees may be able to secure financing more easily since they are part of an established system with a recognized brand name and proven business model. This can help reduce the risks associated with starting a business from scratch. Unlimited opportunities for growth, low cost of formation, and freedom and flexibility in management are not necessarily advantages of a franchise arrangement, as the franchisee must operate within the rules and parameters set by the franchisor.

From the Franchisee's Perspective, Which of the Following Is an Advantages