An advantage of starting a new business (versus buying an existing business or becoming a franchisee)is the _____.
A)established name and following
B)time lag before opening
C)flexibility in controllable variable selection
D)management assistance and training

Question

Quizplus · Accepted Answer

Starting a new business allows for greater flexibility and control over variable selection, such as location, branding, and market strategy. This can lead to a more unique and personalized business model, rather than one that is constrained by the established practices and policies of an existing business or franchise.

An Advantage of Starting a New Business (Versus Buying an Existing