Success does not come easily to a small business. The United States Small Business Adminis

tration says fifty percent of small businesses【C1】______in the first year and ninety-five percent fail within five years.

Many【C2】______believe one way to【C3】______their chance of success is to【C4】______an already【C5】______business【C6】______a franchise(特许经营权). A franchise provides a name and products that people know. One of the【C7】______franchising companies in the world,【C8】______, is McDonald's.

A person who wants to start a【C9】______must pay a【C10】______. This amount of money depends on【C11】______the franchising company【C12】______the new business to earn. To open a McDonald's franchise costs at least 500,000 dollars【C13】______fees. Franchise fees for some other companies are only a few thousand dollars.【C14】______, store space, goods and other things needed to operate a franchise may cost【C15】______.

Franchise buyers【C16】______pay a percentage of their earnings every year【C17】______the right to operate the business. They also must agree to pay for marketing efforts. A【C18】______of earnings【C19】______national advertising. Another percentage may go to local advertising.

Franchises are a very big kind of small business. Like any other kind of business,【C20】______, there is no guarantee of success.

【C1】

A．succeed

B．fail

C．prosper

D．run