All of the following are advantages of franchising your business, except:
A) Since franchisees use their own capital you have no investment at the unit level so you can leverage the assets of these franchisees.
B) Because you have a smaller investment in the overall business, your ROI should be significantly higher.
C) Establishing franchises can enable you to grow much faster without increasing your investment or adding more employees.
D) Franchisees are less motivated since they think everything will be controlled by the owner.
Correct Answer:
Verified
Q1: The application form normally requires you to
Q3: Which format involves a franchisor's granting you
Q4: Royalties are usually:
A) Calculated as a percentage
Q5: Franchising is based on mutual trust and
Q6: In which format does a franchisor grant
Q7: The application form will likely request all
Q8: Virtually all franchise arrangements contain all of
Q9: Which type of franchising may be a
Q10: After you have identified one or two
Q11: All of the following are trends in
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