Entrepreneurs who want to open a franchise

buys the rights from the parent company and creates his or her own rules.

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

invest in a location and create a business model for the franchise.

invest in a location and develop a trademark for the franchise.

Question

Social Studies

Cedric

5 August, 23:46

Entrepreneurs who want to open a franchise

buys the rights from the parent company and creates his or her own rules.

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

invest in a location and create a business model for the franchise.

invest in a location and develop a trademark for the franchise.

+2

Answers (1)

Know the Answer?

Pranav Orozco · Answer 1

The answer is, buy the rights from the parent company and invest in a location approved by the parent company.

The mother company already has a package deal for the business. It has the right to protect the standards of the company to preserve itself. The buyer can buy rights to promote the same business and earn from it.

The company needs to know if the details, service, and presentation were followed for preservation.