Author Question: A primary consideration for a potential franchisee is that the capital required to become a ... (Read 47 times)

stock · **on:** Jun 29, 2018

A primary consideration for a potential franchisee is that the capital required to become a franchisee will likely be:
a. much greater than it would be for starting an independent business in the same field.
b. much less than it would be for starting an independent business in the same field
c. the amount of capital required is not of great concern to franchisor or franchisee. other factors are more important.
d. about the same or potential more for starting a franchise business compared to starting an independent business in the same field.

Question 2

It is not possible for services to have tangible characteristics.

Indicate whether the statement is true or false

lin77x · **Reply #1 on:** Jun 29, 2018

Answer to Question 1

D. Costs for successful start as a franchisee or as an independent business owner may be approximately the same to succeed. Often however, independent business owners start up business under funded and risk failure at a higher rate than for franchisees.

Answer to Question 2

F