Addressing business challenges faced by entrepreneur

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You will be addressing business challenges faced by an entrepreneur owned and operated small-business franchise. Do some research and choose a franchised business that may be of interest to you. After reading and viewing the materials in this week's Lesson, think about the possible challenges to profitability and viability this franchise could face. To get you started with thinking about challenges, consider that this is your family's business and it has been in business for several years. There is only one store, outlet, or service operation and the franchise has been quite profitable for several years, has excellent well trained employees, a stable customer base, is well respected in the market, has up to date facilities and/or equipment; and has had steady 3 - 5% growth for several years. With all that in mind, now think about what possible challenges your franchise choice could incur.

Reference no: EM131739277

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