One Important Consideration When Prospecting for a Good Franchise Business

question 309

Multiple Choice

One important consideration when prospecting for a good franchise business is:

• A)The saturation rate of the franchise.The more saturation the better.
• B)The market potential for the product or service,at the prices you need to charge.
• C)The population level of the area where you will operate.Large populations are too overwhelming,often needlessly increasing demand.
• D)A limited disclosure statement,and being mindful that any disclosure statement may limit your success.

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Definitions:

Monocot

Refers to monocotyledons, a group of flowering plants that possess one embryonic leaf or cotyledon in their seeds.

Epidermis

The outermost layer of cells in plants and animals, serving as a protective barrier against environmental damage.

Cuticle

A protective and waterproof outer layer of a plant or arthropod, composed of organic material and often preventing water loss.

Vascular Cambium

Vascular cambium is a layer of dividing cells in plants, located between the xylem and phloem, responsible for the secondary growth that increases the thickness of stems and roots.