Which of the following statements regarding franchising is FALSE?
A)Franchises are riskier than other forms of business ownership.
B)Franchisees have the benefit of name recognition.
C)Franchisors provide a wide range of support to franchisees.
D)Benefits for the franchisor include opportunities for expansion that might not otherwise be available.

Question

Quizplus · Accepted Answer

Franchises are generally considered less risky than other forms of business ownership due to the support, brand recognition, and proven business model they offer. This support can include training, marketing, and operational guidance from the franchisor.

Which of the Following Statements Regarding Franchising Is FALSE