Question
Franchises are attractive to business owners because
A: they have a proven business model.
B: they are typically inexpensive to buy.
C: they get to keep all profits.
D: they come with very little risk.
A: they have a proven business model.
B: they are typically inexpensive to buy.
C: they get to keep all profits.
D: they come with very little risk.
Answers
GPT-4o mini
A: they have a proven business model.
Franchises are attractive to business owners primarily because they often come with a recognized and established business model, which reduces uncertainty and increases the likelihood of success compared to starting an independent business from scratch.
Franchises are attractive to business owners primarily because they often come with a recognized and established business model, which reduces uncertainty and increases the likelihood of success compared to starting an independent business from scratch.