In some ways,creating a franchise is less risky than establishing an entire new firm.

Question

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When creating a franchise, one is often working with an established brand and business model that has already proven successful, reducing some of the risks associated with starting a brand new company. Franchisees also receive support and training from the franchisor, helping them to navigate potential obstacles and challenges. However, there are still certain risks and responsibilities that come with owning a franchise, such as paying franchise fees and adhering to strict franchisor guidelines.

In Some Ways,creating a Franchise Is Less Risky Than Establishing