Natalie is a professional baker who dreams of owning her own cake business. She does not have any ideas or concepts for starting a cake shop, but her wealthy uncle is ready to fund her initial capital. Natalie's risk appetite is low and she wants to run a business that has less than 10 percent chances of first-year failure. Which of the following could be the best solution for Natalie to pursue her dream of owning a cake shop?

Question

Quizplus · Accepted Answer

Buying a cake shop franchise typically offers a proven business model, brand recognition, and support from the franchisor, which can reduce the risk of failure compared to starting a business from scratch.

Natalie Is a Professional Baker Who Dreams of Owning Her