what are the primary advantages to owning a franchise? select all that apply. the franchisor provides brand…

what are the primary advantages to owning a franchise? select all that apply. the franchisor provides brand - name recognition and marketing plans. franchises are inexpensive to start up and run. the franchisor assumes all the risk in the business. the franchisor provides training, management assistance, supplies, and a product. franchisees keep all their profits for themselves.

what are the primary advantages to owning a franchise? select all that apply. the franchisor provides brand - name recognition and marketing plans. franchises are inexpensive to start up and run. the franchisor assumes all the risk in the business. the franchisor provides training, management assistance, supplies, and a product. franchisees keep all their profits for themselves.

Answer

Brief Explanations:

  1. Brand - name recognition and marketing plans provided by franchisor help in customer - attraction.
  2. Franchisors often offer training, management assistance, supplies, and a product which eases business - start and operation.
  3. Franchises are not always inexpensive to start and run, and franchisors do not assume all risks. Franchisees usually have to share a portion of profits.

Answer:

The franchisor provides brand - name recognition and marketing plans. The franchisor provides training, management assistance, supplies, and a product.