How does a businessperson benefit when he or she buys a franchise?
A) The franchisee can modify the franchisor's proven format.
B) The franchisee relies on his or her own common sense in making strategic decisions.
C) The franchisee is required to make no initial investment.
D) The franchisor provides assistance in deciding on site location, layout, and promotions.
E) Franchisors often predict high revenues and profits.

Question

Quizplus · Accepted Answer

Franchisors offer support in various aspects of the business, including site selection, store layout, and promotional activities, which can significantly benefit the franchisee by leveraging the franchisor's experience and proven business model.

How Does a Businessperson Benefit When He or She Buys