entrepreneurs who want to open a franchise buys the rights from the parent company and creates his or her…

entrepreneurs who want to open a franchise buys the rights from the parent company and creates his or her own rules. buy the rights from the parent company and invest in a location approved by the parent company. invest in a location and create a business model for the franchise. invest in a location and develop a trademark for the franchise.

entrepreneurs who want to open a franchise buys the rights from the parent company and creates his or her own rules. buy the rights from the parent company and invest in a location approved by the parent company. invest in a location and create a business model for the franchise. invest in a location and develop a trademark for the franchise.

Answer

Answer:

buy the rights from the parent company and invest in a location approved by the parent company.

Brief Explanations:

In franchising, franchise - es buy rights from the parent company and operate in an approved location following the parent - company's guidelines. They don't create their own rules or develop a trademark as these are usually owned by the parent company. And they don't create a new business model as the franchise system has an established one.