We appreciate your visit to A franchise is a type of license purchased by an entrepreneur that allows the entrepreneur to trade under the name of that business A True. This page offers clear insights and highlights the essential aspects of the topic. Our goal is to provide a helpful and engaging learning experience. Explore the content and find the answers you need!
Answer :
Final answer:
A franchise is a type of license that allows an entrepreneur to trade under the name of a business.
Explanation:
A franchise is a type of license purchased by an entrepreneur that allows the entrepreneur to trade under the name of that business.
A franchise is another way to begin a business by purchasing the rights to start a business based upon a model designed by the franchisor, who in many cases provides training, supply chain support and support in setting up operations. In return, the franchisee pays a franchise fee, as well as royalty fees to the franchisor.
Fast food restaurants like McDonald's were some of the first franchises.
Thanks for taking the time to read A franchise is a type of license purchased by an entrepreneur that allows the entrepreneur to trade under the name of that business A True. We hope the insights shared have been valuable and enhanced your understanding of the topic. Don�t hesitate to browse our website for more informative and engaging content!
- Why do Businesses Exist Why does Starbucks Exist What Service does Starbucks Provide Really what is their product.
- The pattern of numbers below is an arithmetic sequence tex 14 24 34 44 54 ldots tex Which statement describes the recursive function used to..
- Morgan felt the need to streamline Edison Electric What changes did Morgan make.
Rewritten by : Barada
