Sarah owns a 7-Eleven franchise. What is the primary disadvantage of owning a franchise for Sarah?
A) She has to pay royalties to the franchisor.
B) She cannot use her name as the restaurant name.
C) The franchisor still retains a great deal of control.
D) Sarah is not allowed to hire her own employees.
E) Sarah may not find ways to improve operations.
Correct Answer:
Verified
Q165: What do franchisees typically have to pay
Q166: The SBA is offering to help the
Q167: Which statement best characterizes the relationship between
Q168: The SBA has defined a small business
Q169: All of the following are disadvantages to
Q171: Kevin has considered selling franchises of his
Q172: Service industries make up about 48 percent
Q173: About half of small businesses are in
Q174: Small businesses are typically managed by people
Q175: Small businesses are generally managed by professional
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents