What is a likely reason why someone would pay money for a franchise?
A)they are not aware of basic business practices
B)they will not have to spend the same amount of time marketing and building the brand
C)they do not have knowledge in the industry or business model
D)they will not have to work as hard in running the business

Question

Quizplus · Accepted Answer

One of the main reasons why someone would pay money for a franchise is that they will not have to spend the same amount of time marketing and building the brand. Franchise owners can benefit from an established brand and customer base, which can save them time and money in advertising and promotion. Other factors that may contribute to someone's decision to purchase a franchise include access to training and support, a proven business model, and the potential for higher profits.

What Is a Likely Reason Why Someone Would Pay Money