High School

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Does a person who buys a franchise have the same level of control as an entrepreneur who opens his or her own sole proprietorship?

1) True
2) False

Answer :

Final answer:

A person who buys a franchise does not have the same level of control as a sole proprietor due to the franchisor's rules and system, making the statement false.

Explanation:

A person who buys a franchise does not have the same level of control as an entrepreneur who opens his or her own sole proprietorship. When you purchase a franchise, you are required to adhere to the guidelines and systems provided by the franchisor, which includes the products or services you can offer, the suppliers you can use, and the way you run the day-to-day operations of the business. In contrast, a sole proprietor has complete control over all business decisions, from what products or services are offered to how they manage their business finances.

The owner of a sole proprietorship has the advantage of making all the critical business decisions without needing to adhere to a set franchise formula. Therefore, the statement that a person who buys a franchise has the same level of control as a sole proprietor is false.

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