Which of the following statements regarding small businesses,compared to large businesses,is correct?

A) Small businesses are less likely to hire young employees.
B) Small businesses are less likely to develop new products.
C) Small businesses are more likely to be eligible for government loans or for government purchasing programs.
D) Small businesses are more likely to be franchises.

Government Loans

Financial sums lent to individuals or entities by government bodies, often with lower interest rates and longer repayment terms than private loans.

Government Purchasing Programs

Initiatives or schemes implemented by the government to buy or procure goods and services, often to support domestic producers or fulfill public service mandates.

Franchises

Business models where individuals or entities purchase the rights to operate a business under a company’s brand and guidance.