Which of the following is an advantage of franchising?
A)It gives the franchisor the same level of tight control over franchisees as does chaining.
B)It allows the franchisor to obtain the entire profits made by franchisees.
C)It is beneficial for franchisees as they do not have to face the challenge of higher capital costs.
D)It helps the franchisees by relieving them of the responsibility of running operations.
E)It can help the franchisor expand his or her business rapidly.

Question

Quizplus · Accepted Answer

One of the main advantages of franchising is that it allows the franchisor to expand the business rapidly. By allowing franchisees to open up additional locations, the franchisor can quickly grow the business and increase its reach. Additionally, franchisees are motivated to succeed since they have invested their own money into the business, which can result in increased profits for the franchisor.

Which of the Following Is an Advantage of Franchising