Laryssa Wu is a bright, hard-working, and responsible young woman who has always wanted to own a business. However, she realizes that she lacks training and experience in some areas of running a business and doesn't have confidence in her ability to start a new company from scratch. She also is nervous about the amount of risk involved in business ownership. These concerns suggest that Laryssa might be interested in becoming a franchisee in a business format franchise.

Question

Quizplus · Accepted Answer

Becoming a franchisee allows individuals to own and operate their own business while receiving training, support, and guidance from the franchisor. This can be a less risky option compared to starting a new company from scratch, and it can provide the necessary experience and expertise to succeed in business ownership.

Laryssa Wu Is a Bright, Hard-Working, and Responsible Young Woman