what is a primary benefit of starting a new business without purchasing a franchise or buying an existing…

what is a primary benefit of starting a new business without purchasing a franchise or buying an existing business?\nless upfront capital\ndeveloping your own rules\nlower financial risk\nless record keeping.

what is a primary benefit of starting a new business without purchasing a franchise or buying an existing business?\nless upfront capital\ndeveloping your own rules\nlower financial risk\nless record keeping.

Answer

Brief Explanations:

When starting a new - business independently, one has the freedom to create and implement their own business rules and strategies. Buying a franchise often comes with strict operational guidelines set by the franchisor, and buying an existing business may require adhering to pre - existing systems. Starting from scratch allows for complete autonomy in rule - making. Starting a new business may not necessarily require less upfront capital compared to buying an existing, well - established business at a discounted price. Financial risk is not necessarily lower as new businesses face high failure rates. Record - keeping requirements are generally similar across different business start - up models based on legal and tax regulations.

Answer:

Developing your own rules