By expanding network Franchising enables the franchiser to increase his --
1. Goodwill
2. Reputation
Select the correct answer from the option given below.

Neither 1 nor 2

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2 only

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Both 1 and 2

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1 only

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Solution

The correct option is C Both 1 and 2
Franchising is a method of expansion for an established and successful business looking to grow a network. It can also help businesses to expand both nationally or internationally, strengthen the brand and reach of a company and act as a good method of securing its future but only if it's done well.

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