Nomfundo has established a successful business and would like to expand.She is considering becoming a franchisor.Before taking that step, Nomfundo should:
A)make sure her business model is reproducible.
B)have a technical writer create an owner's manual.
C)partner with a lender to offer franchisee financing.
D)hire a master licensee to locate prospective franchisees.

Question

Quizplus · Accepted Answer

Before becoming a franchisor, Nomfundo needs to ensure that her business model is reproducible. This means that her business should be able to be replicated in other locations with the same level of success. Without a reproducible business model, franchising may not be a viable option. The other options may be relevant after ensuring the reproducibility of the business model.

Nomfundo Has Established a Successful Business and Would Like to Expand.She