One important consideration when prospecting for a good franchise business is
A) the saturation rate of the franchise. The more saturation the better.
B) the market potential for the product or service, at the prices you need to charge.
C) the population level of the area where you will operate. Large populations are too overwhelming, often needlessly increasing demand.
D) a limited disclosure statement, and being mindful that any disclosure statement may limit your success.

Question

Quizplus · Accepted Answer

The market potential is very important. Your goal should be to establish yourself with a franchisor whose product or service has increasing demand in the area where you will operate. You do not want your idea to be saturated in your territory. You will want the franchisor to offer full disclosure of rules, policies, and procedures.

One Important Consideration When Prospecting for a Good Franchise Business