An Advantage of Franchising Is

question 52

Multiple Choice

An advantage of franchising is:

• A)the franchisee's ability to freely expand its territory.
• B)minimal setup costs.
• C)easier access to funding.
• D)the franchisee's ability to take control of the business.

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Definitions:

Fixed Costs

Expenses that do not change with the amount of goods or services produced over a short period.

Variable Costs

Costs that vary directly with the level of production or service provision.

Fixed Costs

Expenses that do not change with the level of goods or services produced over a short time.

Variable Costs

Expenses that change in proportion to the activity or production level of a business.