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3 years ago

The failure rate for franchises is____________.

Business

2 answers:

RUDIKE [14]3 years ago

5 0

Answer:

The answer is c. lower than the rate for all new businesses.

Explanation:

When you start a franchise it's business risk is much lower than a new business. The parent organization supports you both financial and in terms of training and development and you have the access to and already well established brand and a market segment as well. Which makes it easier and safer.

DanielleElmas [232]3 years ago

5 0

Answer:

The correct answer is letter "C": lower than the rate for all new businesses.

Explanation:

A Franchise is a company in which one person, the franchisee, acquires access to a franchisor's proprietary information, processes, and trademarks. A franchise offers the opportunity to own a business while avoiding many of the initial obstacles. According to the United States Department of Commerce, 90% of franchises are successful compared to all other types of businesses that starts operations.

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