Which three statements are TRUE about franchising?
Answer:
It is similar to a license but with a longer time commitment.
The franchisee commits to abiding by strict rules on how it does business.
The franchiser typically receives a royalty payment.
Answer:
It is similar to a license but with a longer time commitment.
The franchisee commits to abiding by strict rules on how it does business.
The franchiser typically receives a royalty payment.