Business Structures Answers

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To begin their corporation, they must first .

A
register with the state
B
sell stock to the public
C
share the profits
4

What are the primary advantages to owning a franchise? Select all that apply.The franchisor provides brand-name recognition and marketing plans.Franchises are inexpensive to start up and run.The franchisor assumes all the risk in the business.The franchisor provides training, management assistance, supplies, and a product.Franchisees keep all their profits for themselves.

A
The franchisor provides brand-name recognition and marketing plans.
B
Franchises are inexpensive to start up and run.
C
The franchisor assumes all the risk in the business.
D
The franchisor provides training, management assistance, supplies, and a product.
E
Franchisees keep all their profits for themselves.

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