Question

Which of the following benefits do franchisees enjoy over other small business owners? Select the two correct answers.(1 point)
Responses

Franchises have a lower 5-year failure rate than other small businesses.
Franchises have a lower 5-year failure rate than other small businesses.

Franchises are less expensive to operate than other small businesses.
Franchises are less expensive to operate than other small businesses.

Franchises have lower start-up costs than other small businesses.
Franchises have lower start-up costs than other small businesses.

Franchises benefit from the successful marketing provided by franchisors.
Franchises benefit from the successful marketing provided by franchisors.

Franchises have more control over the goods and services that they provide.

Answer 1

- Franchises have a lower 5-year failure rate than other small businesses.
- Franchises benefit from the successful marketing provided by franchisors.