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Economics - Financial Markets
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Which of the following is a reason franchising has become popular in recent years? (1 point)Franchise owners are free to set their own rules and operating standards, but they benefit from national ad programs. Small franchise owners enjoy a degree of control and can benefit from their support of the parent company. Because they are owned by a group of individuals for their shared benefit, franchises spread the liability. Franchising fees and royalties are generally low, and large profits can be made for minimal investment.
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Small franchise owners enjoy a degree of control and can benefit from their support of the parent company.
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