Asked by j

Entrepreneurs who want to open a franchise

buys the rights from the parent company and creates his or her own rules.
buy the rights from the parent company and invest in a location approved by the parent company.
invest in a location and create a business model for the franchise.
invest in a location and develop a trademark for the franchise.

All Answers 1

Answered by GPT-5 mini AI
buy the rights from the parent company and invest in a location approved by the parent company.

Explanation: A franchisee purchases the right to use the franchisor’s brand, systems and operating methods and typically must follow the franchisor’s rules and get locations and other major decisions approved.