Why is opening a franchise often considered lower risk for an entrepreneur than setting up a new business?Please help me will give brainliest!

Answers

Answer 1

Answer:

The opportunity to grow under a famous brand and enjoy the advantages of a larger group of business owners

Explanation:

Opening a franchise is often considered a lower risk for an entrepreneur than setting up a new business because of "The opportunity to grow under a famous brand and enjoy the advantages of a larger group of business owners."

Other benefits to derived include:

1. There is operational support from the franchisor during the lifetime of the business arrangement, which may cover finances, training, accounting, etc.

2. The franchisee's management abilities can be enhanced without extra cost

3. Transactions established on proven and famous brands.


Related Questions

Do you think I would be a successful you-tuber?

Answers

Answer:

yes !! im also into becoming one as well ! it takes a while but its worth it, keep your hopes up but make sure you have another option just incase it might not work out right.

Explanation: goodluck <3

Ben and Miranda recently sold some land they owned for $150,000. They received the land and a check equal to the amount of the then-current annual exclusion five years ago as a wedding gift from Ben's Aunt Addison. They also received a check equal to the annual exclusion on their wedding date. Aunt Addison purchased the land many years ago when the property was worth $20,000. At the date of the gift, the property was worth $100,000 and Aunt Addison paid $47,000 in gift tax. What is the long term capital gain on the sale of the property? Group of answer choices
a. $130,000.
b. $50,000.
c. $42,400.
d. $92,400.

Answers

D is the correct answer

How much notice does the Worker Adjustment and Retraining Notification
(WARN) Act require employers give their employees when a facility is
closing?
A. 120 days
B. 90 days
C. 60 days
D. 30 days

Answers

Answer:60 days

Explanation:

ap3x

Answer:

The question may also ask:

The Worker Adjustment and Retraining Notification (WARN) Act requires that companies meet notice requirements of how many days before reducing a workforce?

The answer is still 60 days

Explanation:

ACTIVITY 1
Multiple Choice: Choose the letter of the correct answer
1 It is all about discovering and satisfying your customers' needs and want while earning
a profit
A Marketing
B. Product C Promotion D Needs
2. These are the bundles of attributes and benefits designed to be offered to buyers to
satisfy their needs, wants, and demands
A Promotion B Products C Customer D Market
3 Making sure that they are specific and quantifiable so you can measure your progress
toward achieving them, belong to what step of marketing?
A Marketing objective B Identifying demographics C Defining place
4. What steps of marketing plan where you're referring to the entire set of activities that
inform people about your product/service?
A Marketing objective
B Choose your promotion strategy
C Develop a pricing strategy
5 Defined as the difference between what the customer gains from the product and what
the customers losses from the costs acquiring such a product
A Market
B Customer Value C Promotion​

Answers

Answer:

A. Marketing.B. Products.A. Marketing objectiveB. Choose your promotion strategyB. Customer Value.

Explanation:

Marketing is all about knowing what the customer wants and satisfying it by offering the relevant products.

Products are simply bundles of benefits that were designed to be able to satisfy the needs and wants of customers.

The marketing objectives specify what the goals need to be achieved when marketing so comparing reality against them helps show progress.

The promotion strategy shows the activities that will be undertaken during the marketing of your goods and services.

Finally, the customer value from a product is simply what benefit the customer received less the cost of receiving that benefit.

How do job seekers use the bureau of labor statistics occupational outlook handbook

Answers

Answer:

They explore general information about many types of jobs.

Explanation:

Job seekers use the Bureau of labor statistics occupational outlook handbook in order to gain information about the various jobs available.

What is the Bureau of labor statistics?

A federal organization within the United States Department of Labour that collects, analyses, and publishes labor market data in the United States is recognized as The Bureau of Labour Statistics (BLS) which plays a crucial role in industry governance.

The Bureau of Labour Statistics is responsible to published the Occupational Outlook Handbook (OOH) published which is a great resource for job seekers seeking information on various jobs and industries.

This section contains thorough information on the education and training needs for various vocations, as well as any extra qualifications required for success in the sector.

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In what year was the EEOC established
O
A. 1970
B. 1930
C. 2007
D. 1965

Answers

Answer:

D. 1965

Explanation:

The Civil Rights Act of 1964 is a civil rights and labor law in the United States of America that prohibits discrimination in employment, segregation in schools, and enforces the constitutional voting rights of the citizens.

The Civil Rights Act of 1964 was enacted by the 88th US Congress and signed into law on the 2nd of July, 1964 by President Lyndon B. Johnson.

The Equal Employment Opportunity Commission (EEOC) is a federal agency that was established by US Congress on the 2nd of July, 1965 based on the Civil Rights Act of 1964 so as to uphold and enforce all civil rights law against workplace discrimination by the employers or employees in the United States of America.

Equal Employment Opportunity Commission (EEOC) guidelines asserts that employers of labor wouldn't be held liable for national origin discrimination after implementing an "English-only" rule, if the employer can show that it is necessary for the following;

I. To communicate with customers who can speak English only.

II. To efficiently promote cooperative work assignments among teams (employees).

III. To enhance or facilitate safety during an emergency.

Faylene underwent heart surgery that included, among other measures, the implantation of a pacemaker in her chest. Faylene later alleged that the surgeon's negligence resulted in a serious infection. Faylene's insurance company stated that the Uniform Commercial Code (UCC) governed the dispute because at issue was a contract for a pacemaker, which is a good. The hospital responded that the claim was based on a contract for a surgery, which is a service, and was therefore covered by the common law. What result is most likely?

Answers

Answer: The court will apply the predominant purpose test and will probably hold that this was a contract for a service.

Explanation:

Any agreement written in a contract which binds two parties are usually followed strictly. Whatever is written in the contract cannot be changed or influenced in the court room because it would have been believed that both parties went through the contract terms before signing it. Even though one party wants to challenge it in court it would hold no water for a challenge.

The case between Faylene and the hospital was signed in a contract for a peacemaker surgery, the effects of it and being taken to court would yield no effect since it's what Faylene wanted and entered agreement into.

In the registration statement filed with the SEC, DrugsUSA stated that it had three different medicines approved by the Food and Drug Administration (FDA). In reality, DrugsUSA had filed applications for approval with the FDA that were still pending. The SEC approved the sale of DrugsUSA stock, and Marilyn purchased $100,000 worth of stock. Two months later, all three of DrugsUSA's applications were denied by the FDA. The stock price plummeted, reducing the value of Marilyn's shares to a total of $2,000. What, if anything, can Marilyn recover

Answers

Answer:

In the given case, the default is done by the FDA and not the producing company, hence, the company in loss is eligible for the loss they have occurred. As per the laws in United states, any entity losing any profits or incurring any loss due to actions of some government entity will be eligible to that extent of loss or reduce in value.  Therefore, Marilyn is eligible to recover the loss in value, that is $98000, from food and drug administration.

What are organizational capabilities?
A. The skills and knowledge that allow a firm to use its resources
effectively
B. The things the firm has acquired that are used to achieve its goals
C. The characteristics of the firm's teams of skilled employees
D. The skills of the firm's senior managers and executives

Answers

A is possibly the answer

the three branches of government are the legislative branch, and the ____ branch
a. judicial
b.regulatory
c. supreme court
d. presidential ​

Answers

Answer:

Judicial

Explanation:

There is no presidential branch as that is the executive branch. The supreme court IS the judicial branch but the supreme court is not a branch in of itself. There is no regulatory branch that I know of.

a) judicial

legislative, judicial, and executive are the three branches of government.

A bond issue with a face amount of $495,000 bears interest at the rate of 7%. The current market rate of interest is 8%. These bonds will sell at a price that is:

Answers

Answer: Less than $495,000.

Explanation:

The options are:

a. Equal to $495,000.

b. The answer cannot be determined from the information provided.

c. Less than $495,000.

d. More than $495,000.

It should be noted that a bond will be sold at a discount when the market interest rate is more than the stated interest rate.

Due to the lower interest rate, the investors will pay less for the bonds. Therefore, based on the information given, the bonds will sell at a price that is less than $495,000.

Therefore, the correct option is C.

Alisa is employed by Hallmark Cards, Inc., where her responsibilities include maintaining displays of greeting cards in drugstores and discount stores. Her daily activities include straightening the cards, pulling outdated or slow sellers, and installing new cards. Alisa is called a(n) specialty-line wholesaler. full-service stocker. in-store maintainer. assembler. rack jobber.

Answers

Answer: rack jobber.

Explanation:

A rack jobber is alsso called a rack merchandiser and it refers to a company or a trader that display products and also sells such products in a store.

Since the responsibilities of Alisa include displaying the greeting cards, straightening the cards, pulling outdated cards, and installing new cards, then we can infer that Alisa is a rack jobber.

A union declares it will be engaging in a partial strike whereby its employees will alternate between working for a period of time and then walking off the job for an indefinite time. Thus, employees may work for a few days or only a few hours before walking off the job again. The employer claims the union does not have the legal right to engage in a partial strike. Which statement is correct

Answers

Answer:

a. The employer is correct. The union must either strike or work—it cannot alternate between working and striking.

Explanation:

Since in the question it is given that that employee work for a less days or less hours prior walk off to the job again. Also the employer would claimed that the union does not have the legal right to have partial strike so here the employer is correct as the union could be do one thing at a time i.e. strike or work

So statement a is correct

True or False: You may contribute as much of your earnings as you choose to your employer-sponsored retirement plan
each year.
a) True
b) False

Answers

Answer:

Its false

Explanation:

because when I clicked true I got it wrong.

It is not true that we may contribute as much of our earnings as we choose to our employer-sponsored retirement plan each year. The correct option is b.

What is an employer-sponsored retirement plan?

An employer-sponsored plan refers to a type of benefit plan offered to employees at no or relatively low cost. These plans, such as a 401(k) or HSA, cover an array of services including retirement savings and healthcare. Employees who enrol in such programs capitalize on the benefit of receiving discounted services.

On the other hand, employers offering these plans typically benefit from tax breaks. Also, sponsoring benefits is seen as a way to recruit and retain valuable employees. Sponsorship does not mean that an employer contributes funds to the plans, though they may match certain employee contributions.

In order to attract and retain workers as well as receive tax breaks and other incentives employers install these benefit plans.

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Careers in the Public Service cluster can help make a difference in the world but they can be tough careers to work in. Describe what a person who would love working in this field may be like.

Answers

Answer:

Working in public sector requires alertness, assertiveness, intelligence, and emotional stability in any individual

Explanation:

Career in public sector services require lot of efforts and determination along with passion for working for the betterment of the society.

A person must love to take up challenges of every day life, must be compassionate towards their fellow country mate, must be intellectual, emotionally intelligent and along with that must have control on their feeling, vocals speeches, or any social media remarks.

Scenario: Fiscal Policy Consider the economy of Arcadia. Its households spend 75% of increases in their income. There are no taxes and no foreign trade. Its currency is the arc. Potential output is 600 billion arcs. Reference: Ref 13-11 (Scenario: Fiscal Policy) Look at the scenario Fiscal Policy. Suppose the government decides to tax its citizens. The tax multiplier is: Group of answer choices impossible to determine. zero, because changes in taxes have no effect on aggregate demand. greater than the government spending multiplier. less than the government spending multiplier.

Answers

Answer:

less than the government spending multiplier

Explanation:

Given :

Percentage spends  by a households for the increase in the income = 75%

So the mpc = 0.75

Potential output = 600 billion arcs

The government multiplier is = [tex]$\frac{1}{1-0.75}$[/tex]

                                                [tex]$=\frac{1}{0.25}$[/tex]

                                                = 4

The tax multiplier is = [tex]$\frac{c}{1-c}$[/tex]

                                 [tex]$=\frac{0.75}{0.25}$[/tex]

                                 = 3

Thus we see that the tax multiplier is less than the government spending multiplier.

1. A fee that occurs every year

Answers

Taxes is the answer

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Annual fee

In a private company's accounting system, inputs are __________ and outputs are _________. Multiple Choice marketing strategy-type information; sales data results of surveys on consumer satisfaction; accounts payables transactions such as sales, payroll, and other expenses; financial statements transactions such as the cash flow statement; payroll taxes

Answers

Answer:

Explanation:

transactions such as sales, payroll, and other expenses; financial statements

The correct answer is Inputs are accounts payables transactions such as sales, payroll, and other expenses; outputs are financial statements transactions such as the cash flow statement.

Here is a breakdown of the answer:

Inputs: These are the data that are entered into the accounting system. In a private company's accounting system, the inputs would typically include accounts payables transactions, such as sales, payroll, and other expenses.

Outputs: These are the reports and documents that are generated from the accounting system. In a private company's accounting system, the outputs would typically include financial statements, such as the cash flow statement.

The other options are not correct because they are not typically included in a private company's accounting system.

For example, marketing strategy-type information and results of surveys on consumer satisfaction is typically not included in the accounting system. Payroll taxes are also not typically included in the accounting system, as they are usually handled by a separate department.

Thus , accounts payables transactions and financial statements transaction is the correct options.

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Interest earned on a savings account is _____.

Answers


Correct
b. the percentage a financial institution pays you to borrow your money

2 x (3a-b) - 3y(b-3a)​

Answers

Answer:

6ax+9ay−2bx−3by

Explanation:

2x(3a−b)−3y(b−3a)

Distribute:

=(2x)(3a)+(2x)(−b)+9ay+−3by

=6ax+−2bx+9ay+−3by

The cash price for a stereo system is $900. You choose to buy it on credit and give a $100 down payment, and the balance due is 24 equal payments of $42. Installment Total= $Total of Payments + Down Payment What is the total installment price?

Answers

Answer:

$ 1108 is the total installment price

Explanation:

Cash price for a stereo system = $900

Down payment made to buy stereo on credit = $ 100

Remaining amount after paying down payment = $900 - $100 = $ 800

Installment Total= $Total of Payments + Down Payment

Installment Total= $ 100 + 24 * $42 =$ 1108

Which of the following are true of price bundling? (Choose every correct answer.) Multiple select question. Price bundling helps customers stock up on a product. Each item within the bundle must have about the same value as others within that bundle. Different prices are charged to different people for the same bundle of products or services. Several popular items are frequently sold together for a lower combined price. A less popular item is sometimes bundled with a more desirable item.

Answers

Answer:

Price bundling helps customers stock up on a product.

A less popular item is sometimes bundled with a more desirable item.

Several popular items are frequently sold together for a lower combined price.

Explanation:

As the name suggest Price bundling is to combined the various products and convert into a package so that if the consumer calculate its individual price so it would be high as compared to the package. Here the profits could be increased due to promotion of more than one item

So according to the given options, the following statements should be considered true

It would help the customer to stock up the product

An item i.e. less popular can be bundled with the desriable item

Also the various kind of items would be sold at very less price

When comparison shopping, all of these hint at a good deal EXCEPT_____________________.
lower-priced models offer more features.
there are more positive customer reviews than negative reviews.
there is a coupon available for additional percentage off the price.
the sale price is the cheapest available.

Answers

When comparison shopping, all of these hint at a good deal: lower-priced models offer more features.

What is e-commerce?

E-commerce is also known as an online sale and it can be defined as a type of business model that is designed and developed to involve the buying, shopping, and selling of goods (products) over the Internet.

What is comparison shopping?

Comparison shopping can be defined as a practice that is commonly embarked upon consumers of goods (products), in which they compare a range of available suppliers in order to identify the best price for a particular good (product) and influence their decision on who to patronize or buy from.

In this context, we can reasonably infer and logically deduce that lower-priced models offer more features does not indicate or suggest a good deal when a consumer is comparison shopping.

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WILL GIVE BRAINLIEST! Why would someone choose to start a company as a Franchise rather than a Sole Trader or Partnership?

Answers

Answer:

Explanation:

The franchisee has the advantage of having an established brand that potential customers easily can recognize. On the other hand, the sole proprietor must develop his own brand and promote it through extensive, and possibly expensive, marketing campaigns.

A healthcare organization in Canada outsources its insurance work to a service provider in South Asia. The employees in South Asia used to receive less than half the salary that the employees in Canada received. But in recent years, there has been a rapid increase in employees salaries in South Asia. Slowly, the healthcare organization is reducing the level of outsourcing and is employing people in Canada. Which of the issues associated with offshore outsourcing describes the above scenario

Answers

Answer:

Diminishing cost advantages

Explanation:

Diminishing cost advantage is a decline in the coat benefits that offshore outsourcing offers.

Offshore outsourcing occurs when a company outsources part of its operations to a foreign company.

The main benefit of such a move is a reduction in cost.

However when the benefits decline it is referred to as diminishing cost advantage.

In the given scenario employees in South Asia used to receive less than half the salary that the employees in Canada received. But in recent years, there has been a rapid increase in employees salaries in South Asia.

This will result in more cost for the company through its outsourcing activity

The management of Bonga Corporation is considering dropping product D74F. Data from the company's accounting system for this product for last year appear below: Sales $ 942,000 Variable expenses $ 415,000 Fixed manufacturing expenses $ 356,000 Fixed selling and administrative expenses $ 263,000 All fixed expenses of the company are fully allocated to products in the company's accounting system. Further investigation has revealed that $217,000 of the fixed manufacturing expenses and $128,000 of the fixed selling and administrative expenses are avoidable if product D74F is discontinued. What would be the financial advantage (disadvantage) from dropping product D74F

Answers

Answer:

Financial disadvantage from dropping = $(182,000)

Explanation:

A product should be shut down if doing so would make the savings in fixed costs associated with the product to exceed the lost contribution. Other wise , the product should remain.

In a shut down decision , the following relevant cash flows should be considered:

1. Lost contribution from the product to be shut down

2. Savings in fixed directly attributable to the product under consideration.

So, we will apply these principles as follows:

Lost contribution from the product to be shut down:

(942,000-415,000)                                                                 (527,000)

Savings from fixed direct fixed cost:

(217,000+128,000)                                                                  345,000

Net loss contribution                                                              (182,000)      

Financial disadvantage from dropping = $(182,000)                                                  

1. Kwan's annual premium is $1,284.00. He has the choice of paying semi-annually for a $1.00 fee or quarterly for a $2.00 fee. What is his quarterly payment? Is it twice the amount ?

Answers

I’m not sure but I’ll try to solve it right now for you so just give me some time

hi thereeeeeeeeeeeeeeeeeeee

Answers

Answer: Hello nice to meet you!!!!!

Explanation:

Answer:

Periotttt yasss queen!!!

Explanation:

Viaduct Corporation used untested and risky construction techniques to build a bridge under budget. The techniques were legal but the bridge collapsed, killing several people. Viaduct actions were a. dangerous and so inherently illegal. b. unethical and may result in legislation to ensure it does not happen again. c. ethical because they were legal and so Viaduct owes no one. d. legal under Sarbanes-Oxley and so Viaduct will face no penalties.

Answers

Answer:

Unethical and may result in legislation to ensure it does not happen again

Explanation:

Ethics

This is generally defined as moral principles used by individuals in conducting themselves personally, socially, or professionally,in their actions and conversations.

Business ethics

This is simply known as set of rules based on moral principles about how businesses and employees ought to conduct themselves

A code of ethics are simply a set of guidelines for maintaining ethics in the workplace.

Assessing Ethical or unethical behavior by:

1. Gathering relevant factual information

2. Analyzing the facts to determine the right moral values

3. Making ethical judgment based on the rightness or wrongness of the proposed activity or policy.

The Albertsons are purchasing a home for $400,000. They are financing 70 percent of the home's value. In addition to the down payment, they have the following closing costs:
Lender's inspection fee $400 Loan origination fee 1.5% of the loan amount Notary public fee $60
Document recording fees $75
Title search $300
What is the total amount of the closing costs? .
help plz​

Answers

Answer:

$5,035

Explanation:

First, you have $400 as the first cost in the closing costs.

You Then find 1.5% of the loan amount, which is 70% of $400,000 ($280,000), so 1.5% of $280,000 is $4,200. So you add $4,200 to the $400

Next, you add the notary fee of $60.

Then you add the recording fees of $75.

Lastly, you add the title search of $300.

Now add everything up, $400 + $4,200 + $60 + $75 + $300 = $5,035

Final answer = $5,035

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