Ask Question
27 December, 08:32

Entrepreneurs who want to open a franchise do what

+2
Answers (2)
  1. 27 December, 11:43
    0
    the answer is

    B: buy the rights from the parent company and invest in a location approved by the parent company.

    Explanation:

    just took the test on edge
  2. 27 December, 11:44
    0
    If you are thinking about opening a franchise, the very first thing you must do is a lot of research, not only about the franchise itself but also about the location where you want to open it and how much the entire process would cost you. Is it worth the investiment? What are the chances to make profit from it? What does it take for you to open that specific franchise? Do you have the appropriate skills to manage it? How do you plan to make it work? Are you familiar with the product/service that you are going to sell?

    Once you decide to open the franchise, make sure you attend all their training sessions, study the brand and its possibilities, and make sure you are surrounded by people with the correct skills and qualifications to work with you. Pay attention to the rules of that specific brand, and see if you agree with them. The brand will give you support and training and you don't need to worry about the decoration, the uniforms and the products since it follows a standard. However, you need to know how to manage that kind of business and you have to get involved with each and every step of the process.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Entrepreneurs who want to open a franchise do what ...” in 📙 History if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers