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Which of the following statements is NOT correct McDonalds is a well-known franchisee that operates thousands of locations Success rates for franchises tend to be higher than for businesses that

Which of the following statements is NOT correct? McDonalds is a well-known franchisee that operates thousands of locations. Success rates for franchises tend to be higher than for businesses that are started in more traditional ways. Franchising a business often allows the owner of the franchise to expand more rapidly than if the owner attempted to expand using their own funds. A franchisee often must pay an upfront franchise fee as part of operating a franchise.

Apr 02 2020 View more View Less

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