Which of the following is a reason that individuals may be tempted to buy a franchise business rather than develop their own independent business?
A) to try his or her own personal innovative product and service ideas in the business
B) to have the freedom to make decisions
C) to avoid management training requirements
D) to obtain a well-known product or service name

Question

Quizplus · Accepted Answer

Individuals may be tempted to buy a franchise business rather than develop their own independent business because it offers them a well-known product or service name. This can make it easier to attract customers and establish credibility in the market. Franchise businesses have established brands and marketing strategies that can be difficult to replicate with an independent business.

Which of the Following Is a Reason That Individuals May