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

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

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

Answer

Brief Explanations:

  1. Franchisors offer brand - name recognition and marketing plans which help in customer attraction.
  2. Starting and running a franchise is often not inexpensive as there are franchise fees etc.
  3. Franchisees also bear some risk, not just the franchisor.
  4. Franchisors typically provide training, management help, supplies and a product.
  5. Franchisees usually have to share a portion of profits with franchisors.

Answer:

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