5 - the small business franchise\nlearning objective: determine the advantages or disadvantages of owning a…

5 - the small business franchise\nlearning objective: determine the advantages or disadvantages of owning a franchise.\nwhich of the following is an advantage of starting a franchise?\na.) a franchise license is usually inexpensive.\nb.) the franchisee has the freedom to incorporate their own ideas into the business.\nc.) the customer base is already established.\nd.) success is guaranteed by the franchiser.

5 - the small business franchise\nlearning objective: determine the advantages or disadvantages of owning a franchise.\nwhich of the following is an advantage of starting a franchise?\na.) a franchise license is usually inexpensive.\nb.) the franchisee has the freedom to incorporate their own ideas into the business.\nc.) the customer base is already established.\nd.) success is guaranteed by the franchiser.

Answer

Brief Explanations:

Franchises operate under an established brand. This means a pre - existing customer base that recognizes and trusts the brand. Franchise licenses can be expensive. Franchisees have limited freedom as they must follow the franchisor's system. And success is not guaranteed despite being part of a franchise.

Answer:

c. The customer base is already established.