Franchised outlets are generally less successful than independently-owned businesses.

Question

Quizplus · Accepted Answer

This statement is not necessarily true as it depends on various factors such as location, market demand, competition, management, and other business aspects. Some franchised outlets may have a larger customer base and better support from their parent company, while some independently-owned businesses may struggle due to lack of resources and brand recognition. Ultimately, the success of a business cannot be generalized based on its ownership structure.

Franchised Outlets Are Generally Less Successful Than Independently-Owned Businesses