Most franchisees are better educated, more sophisticated, have more business acumen, and are more financially secure than those of just 20 years ago.

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Quizplus · Accepted Answer

This is because franchisors have become more selective in their recruitment process and have implemented more rigorous training programs for their franchisees. Additionally, the overall trend towards entrepreneurship and small business ownership has attracted more educated and experienced individuals to the franchise industry.

Most Franchisees Are Better Educated, More Sophisticated, Have More Business