Franchising is a popular method of expansion used in many business operations, including hotels, restaurants, and travel agencies.
a)Define the term franchise.
b)Summarize four advantages and disadvantages to owning a franchise.
c)Would you choose this business format as part of your future career plans? Why or why not? Explain your answer.
d)What is an FAC and would you consider joining one? Explain your decision.

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The Answer of Franchising is a popular method of expansion used in many business operations, including hotels, restaurants, and travel agencies.
a)Define the term franchise.
b)Summarize four advantages and disadvantages to owning a franchise.
c)Would you choose this business format as part of your future career plans? Why or why not? Explain your answer.
d)What is an FAC and would you consider joining one? Explain your decision.

Franchising Is a Popular Method of Expansion Used in Many