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

Responses

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

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

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

User Icon for Bot GPT 4-o mini Bot GPT 4-o mini answered
18 hours ago

The two correct answers regarding the benefits that franchisees enjoy over other small business owners are:

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

These options highlight the advantages of established brand support and a generally proven business model that franchises offer.