Brothers Dan and Don started a dumpster rental business that has proven to be successful.

Question

Now they are pondering the idea of expanding the business to include more business owners to
increase their profits. What option might they consider?

(1 point)

○ Hire managers to run operations

○ Trademark the business

○ Establish franchises

Rent the dumpsters to landlords

Answer 1

The best option for brothers Dan and Don to consider for expanding their business and increasing profits would be:

○ Establish franchises

Franchising allows them to expand their business model by enabling other business owners to operate under their brand, which can lead to significant growth and increased profits without the brothers having to manage every new operation directly.