4
QuizMultiple Choice

Becoming an Entrepreneur

Question 4 • Career Planning and Development A

A proven product, established management systems, and customer goodwill are three advantages of _____.

Answer
A
joining a family business
B
starting a new business
C
buying a franchise
D
working from home

Explanation

Buying a franchise gives the owner access to a product that has already been tested in the market, established business systems, and goodwill associated with the brand. These advantages are part of purchasing a franchised business, rather than starting a business from scratch or simply working from home.

AI-written and checked against the verified answer.

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