Assertion: Starting a new venture can be costly in terms of both time and money.
Reasoning: The franchise offers an opportunity to start a new venture with up-front support that could save the entrepreneur's significant time and possibly capital.
Reasoning: The franchise offers an opportunity to start a new venture with up-front support that could save the entrepreneur's significant time and possibly capital.
Answer & explanation
Correct answer: option 3
Starting a new venture can be costly in terms of both time and money. The franchise offers an opportunity to start a new venture with up-front support that could save the entrepreneur's significant time and possibly capital.