Which Statement Best Describes The General Success Rate For Franchises?

(Correct Answer Below)

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Which Statement Best Describes The General Success Rate For Franchises?

a. Franchises, like other small businesses, have a very high rate of failure. b. Franchises are slightly more successful overall than other types of businesses. c. Franchises have about a 50 percent chance of being successful. d. Franchises have a very high success rate compared to other small businesses. e. Obtaining a franchise is a guarantee for a successful business.
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d. Franchises have a very high success rate compared to other small businesses.

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