Franchising in global markets has demonstrated that high operating costs are counterbalanced by high profit opportunities.

Question

Quizplus · Accepted Answer

Franchising in global markets allows for the expansion of a business with lower risk and upfront costs, as well as the potential for high profits due to a larger customer base and consistent branding. While operating costs may be higher, these can often be offset by the revenue generated by a successful franchise.

Franchising in Global Markets Has Demonstrated That High Operating Costs