Question

What are the primary advantages to owning a franchise? Choose two correct answers.
Responses

The franchisor provides training, management assistance, supplies, and a product.
The franchisor provides training, management assistance, supplies, and a product.

The franchisor assumes all the risk in the business.
The franchisor assumes all the risk in the business.

Franchisees keep all their profits for themselves.
Franchisees keep all their profits for themselves.

The franchisor provides brand-name recognition and marketing plans.
The franchisor provides brand-name recognition and marketing plans.

Franchises are inexpensive to start up and run.

Answer 1

- The franchisor provides training, management assistance, supplies, and a product.
- The franchisor provides brand-name recognition and marketing plans.

(Other choices are incorrect: franchisors do not assume all risk, franchisees do not keep all profits, and franchises are often costly to start and operate.)