To make a successful franchise operation,an entrepreneur's business model must be replicable.

Question

Quizplus · Accepted Answer

A franchise operation involves replicating a successful business model in different locations under the same brand name. Therefore, for a franchise operation to be successful, the business model must be easily replicable and adaptable to different locations and markets. This ensures consistency in quality, customer experience, and brand identity across all franchise units. So, the statement is true.

To Make a Successful Franchise Operation,an Entrepreneur's Business Model Must