Which of the following statements about the risk involved in buying a franchise is correct?
A) Buying a franchise can dramatically increase the risk of failure.
B) Buying a franchise can dramatically decrease the risk of failure.
C) There is no difference in the risk of buying a franchise compared to buying an existing business.
D) There is no difference in the risk of buying a franchise compared to starting a business from nothing but an idea.
Correct Answer:
Verified
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Q8: In the opening case, Patrick Leon Esquerre
Q9: The International Franchise Association in 2007 reported
Q10: A document called the _ has been
Q11: The _ is a reliable source for
Q13: Which of the following statements is correct
Q14: Why is it a risky choice to
Q15: When considering the purchase of an existing
Q16: During the period when the previous owner
Q17: In the Friend's Home Health Care case
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