Kevin is talking with Peter about purchasing a Wendy's franchise. Peter tells Kevin that one of the major advantages of franchising for him to consider is the
A) higher start-up costs.
B) greater freedom it provides.
C) individuality it offers.
D) higher success rate for franchises.
E) gross margin it provides.

Question

Quizplus · Accepted Answer

Peter mentions a major advantage of franchising is the higher success rate for franchises. This suggests that compared to starting a business from scratch, a franchise has a better chance of success due to the established brand, systems, and support provided by the franchisor.

Kevin Is Talking with Peter About Purchasing a Wendy's Franchise