What is a enterprenurs?

Anonymous

∙ 16y ago

An entrepreneur is someone that starts or manages a business venture even though it could pose risks.

Wiki User

∙ 16y ago

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Why does a franchise pose less risk than other types of business to enterprenurs?

By its nature, franchising proves significantly less risk than traditional businesses. This is because the responsibility of the business falls onto the franchisee, which oversees the operation, the inventory, the hiring process, and any working capital needed to establish the business. The franchisee is also the responsible for equipment leases, the physical location, and also for any liability that happens within the unit itself. This means franchisors are unlinked from any employee litigation, consumer litigation, or accidents that occur within the franchise. Plus, franchisors can see growth in units with limited investment, and without spending their own capital on unit expansion. The combination of all these factors makes franchising a much less risky investment when compared to another type of businesses.

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What is a enterprenurs?

What else can I help you with?

Why does a franchise pose less risk than other types of business to enterprenurs?

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