Question

John is an entrepreneur who plans to enter a franchise contract with a hotel business. which of these is an advantage that John Might enjoy as a Franchisee?
A) He will not have to make any investments according to the franchise Contract.

B) He will be able to change the Hotels business management techniques to suit his requirements.

C) He will be able to gain knowledge and support from the hotel business to run the franchise.

D) He will be completely certain about the success of his franchise business.

Answer 1

Answer:

The correct answer Is C) He will be able to gain knowledge and support from the hotel business to run the franchise.

Answer 2

Answer:

The correct answer would be option C, He will be able to gain knowledge and support from the hotel business to run the franchise.

Explanation:

Franchise is basically a contract between two parties in which one of the party who is owning the business is ready to sell his business rights to use its name and products to the other party. The other party can open the same business with the same name and products or services and run that business. In this type of contract, a continuous help and support is given to the franchisee to run the business. So if John being an entrepreneur wants to enter into the franchise contract, then he will surly be able to gain knowledge and support from the hotel business to run the franchise.