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.
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.
