Which of the following statements about a franchise is correct? A franchise provides a business model, a O brand and a proven product to the franchisee. There is no risk involved in starting and O running a franchise business because of the proven business model. A franchise gives individuals the opportunity to experiment with an existing business's products. A franchise allows an individual to run a O local business owned by a large corporation.
Which of the following statements about a franchise is correct? A franchise provides a business model, a O brand and a proven product to the franchisee. There is no risk involved in starting and O running a franchise business because of the proven business model. A franchise gives individuals the opportunity to experiment with an existing business's products. A franchise allows an individual to run a O local business owned by a large corporation.
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Transcribed Image Text:Which of the following statements about a franchise is
correct?
A franchise provides a business model, a
brand and a proven product to the
franchisee.
There is no risk involved in starting and
running a franchise business because of the
proven business model.
A franchise gives individuals the opportunity
O to experiment with an existing business's
products.
A franchise allows an individual to run a
O local business owned by a large
corporation.
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