According to the textbook, the main disadvantage of buying a franchise is ________.
A) franchise organizations typically grow slower than non-franchise organizations in the same industry
B) franchisors typically provide poor levels of support
C) the cost involved
D) the service sector of the U.S. economy is waning in importance
E) franchising is waning in its popularity

Question

Quizplus · Accepted Answer

The main disadvantage of buying a franchise is the cost involved, which includes initial franchise fees, ongoing royalties, and advertising fees. These costs can be significant and may require a substantial upfront investment.

According to the Textbook, the Main Disadvantage of Buying a Franchise