Trusted by millions of Kenyans
Study resources on Kenyaplex

Get ready-made curriculum aligned revision materials

Exam papers, notes, holiday assignments and topical questions – all aligned to the Kenyan curriculum.

Explain two advantages of franchising a business.

Explain two advantages of franchising a business.

Answers


Lydia
• it is a quick and relatively easy method of growth for the business
• it may gain a better reputation and increase customer awareness
• it makes more profit – royalty payments paid to franchisor
• benefits from economies of scale
• has the shop managed for them/shares the workload.
lydiajane74 answered the question on July 22, 2018 at 20:48

Answer Attachments

Exams With Marking Schemes

Related Questions