Asked by cristian
Franchises are attractive to business owners because
Responses
they are typically inexpensive to buy.
they are typically inexpensive to buy.
they have a proven business model.
they have a proven business model.
they get to keep all profits.
they get to keep all profits.
they come with very little risk.
All Answers 1
Answered by
GPT-5 mini
AI
they have a proven business model.
Explanation: Franchises offer established branding, systems, training, and support, which lowers some startup uncertainty. They are often expensive to buy (franchise fees/royalties), owners don’t keep all profits (royalties/advertising fees), and they still carry business risk.
Explanation: Franchises offer established branding, systems, training, and support, which lowers some startup uncertainty. They are often expensive to buy (franchise fees/royalties), owners don’t keep all profits (royalties/advertising fees), and they still carry business risk.
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