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balu736 [363]
3 years ago
7

Why is opening a franchise often considered lower risk for an entrepreneur than setting up a new business?Please help me will gi

ve brainliest!
Business
1 answer:
ivolga24 [154]3 years ago
6 0

Answer:

The opportunity to grow under a famous brand and enjoy the advantages of a larger group of business owners

Explanation:

Opening a franchise is often considered a lower risk for an entrepreneur than setting up a new business because of "The opportunity to grow under a famous brand and enjoy the advantages of a larger group of business owners."

Other benefits to derived include:

1. There is operational support from the franchisor during the lifetime of the business arrangement, which may cover finances, training, accounting, etc.

2. The franchisee's management abilities can be enhanced without extra cost

3. Transactions established on proven and famous brands.

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Assume for the United States that the opportunity cost of each airplane is 50 cars. Which of these pairs of points could be on t
katrin [286]

Answer:

B

Explanation:

Opportunity cost refers to the benefit of something forgone in choosing an alternative.

the opportunity cost  of 50 cars equals one airplane

the pairs of points that could be on the United States; production possibilities frontier is 200  airplanes , 12500 cars and 150 airplanes, 15 000 cars.

since 50 airplanes reduction  = 50 × 50 cars increment = 2500 cars

3 0
3 years ago
Read 2 more answers
Nafar wants to start her own business as a contract writer. To do this, she needs to build an office addition to her house. Whic
pishuonlain [190]
A. Installment credit
5 0
3 years ago
After harvesting, many entrepreneurs who remain with their firm as an employee experience _____ conflicts
crimeas [40]

After harvesting, many entrepreneurs who remain with their firm as an employee experience Emotional and Cultural conflicts.

An entrepreneur is someone who starts a new business, takes most of the risks and reaps the maximum benefits. The process of starting a business is known as entrepreneurship. Entrepreneurs are generally seen as innovators, sources of new ideas, products, services and businesses/processes.

An entrepreneur is someone who starts a new business, usually risking their own money to start a business. Examples of notable entrepreneurs include Bill Gates, Steve Jobs, Mark Zuckerberg, Pierre Omidia, Arianna Huffington and Katerina Fake.

Learn more about entrepreneurs  here: brainly.com/question/353543

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3 0
2 years ago
Popular Company utilizes a calendar year as its fiscal year and depreciates plant assets using the straight-line method. On Janu
makvit [3.9K]

Answer:

$2,000

Explanation:

where the cost of the delivery truck is $28,000 and a useful life of 5 years with a salvage value of $3,000,

Annual Depreciation = \frac{28000-3000}{5000}

= \frac{25000}{5}

= 5000

Therefore,

After year 1 which is by January 1st, 2019

Net book value of the truck = $28,000 - $5,000

                                              = $23,000

After year 2 which is by January 1st, 2020

Net book value of the truck = $23,000 - $5,000

                                              = $18,000

After year 3 which is by January 1st, 2021

Net book value of the truck = $18,000 - $5,000

                                              = $13,000

After year 4 which is by January 1st, 2022

Net book value of the truck = $13,000 - $5,000

                                              = $8,000

If the useful life of the asset is extended to 7 years from 5 years, the number of years remaining for the asset as at January 1st, 2022 would be extended from 1 year to 3 years.

Therefore, where the residual value is $2,000

Depreciation per year for the remaining 3 years

=   (8000 - 2000)/3

= 6000/3

= 2000

Popular Company would report $ 2,000 as depreciation expense for the year ended December 31st, 2022.

3 0
3 years ago
Lightning strikes a home and starts a fire that destroys the structure and its contents. The lightning is the?
LenaWriter [7]

Lightning strikes home and starts a fire that destroys the structure and its contents. The lighting is the Proximate cause.

Subrogation is the term that describes most insurance companies' right to sue against a third party who has caused damage to the insured. This is done to recover the amount of damage paid to the insured by the insurance company for the damage.

The replacement cost covers the retail cost of replacing a broken, damaged, or lost item. The advantage here can be seen in the personal computer example. For example, his $1,500 laptop, purchased two years ago, is worth less than it is now brand new.

Umbrella policies are typically sold for minimum coverage of $1 million, but insurers offer these policies in increments of up to $5 million and sometimes in $100 million increments.

Learn more about  Proximate cause here brainly.com/question/14925660

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4 0
1 year ago
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