Answer :

Final answer:

An entrepreneur opening a franchise assumes the debts, keeps profits after franchise costs, gets training from the franchisor, and often collaborates on selecting sites. Each franchisor may have different policies and expectations.

Explanation:

An entrepreneur who opens a franchise must indeed assume debts and is entitled to keep profits after paying any due franchise fees and royalties. Franchising agreements can vary, but typically, the franchisor offers training to ensure that the franchisee's business operates in line with the brand's standards. While the franchisee has the right to profits after dues to the franchisor, when it comes to selecting sites, this can often be a collaborative process with the franchisor, who usually has established guidelines to maintain the brand’s consistency and market presence.

However, potential franchisees must be prepared for significant financial responsibility that comes with operating a business, including the possibility of incurring debts and the need to navigate financial sources should personal investment not suffice.

Thanks for taking the time to read An entrepreneur who opens a franchise must 1 Assume debts 2 Keep profits 3 Offer training 4 Select sites. 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!

Rewritten by : Barada