Advantages and disadvantages of owning franchise

Assignment Help Business Management
Reference no: EM133589591

Question

One of the objectives of this chapter was to make you aware of the advantages and disadvantages of owning a franchise. Assume that after evaluating your skills, experiences, and financial situation, you have decided to purchase a franchise. List at least 3 reasons why you have decided to do this rather than starting your own business. In addition, explain what issues that you need to be made aware of while establishing your franchise.

Reference no: EM133589591

Questions Cloud

Explain how the policy complies with the oig : Explain how the policy complies with the Office of Inspector General (OIG) Self-Disclosure Information requirements.
What factor contribute to underfunding of ils pension system : What factors contributed to the underfunding of the IL's pension system? What are the pros/cons of actually implementing each of these options?
Company to stop contributing money to candidate : What First Amendment action would be the most effective way for Calvin to urge the company to stop contributing money to the candidate?
Making presentation of the first month sales figures : Assume that you are a new employee with a brand new company, Metro Office Supply. Your boss is making a presentation of the first month's sales figures
Advantages and disadvantages of owning franchise : One of the objectives of this chapter was to make you aware of the advantages and disadvantages of owning a franchise.
What warnings does the ad contain about use of the product : What warnings (if any) does the ad contain about use of the product? What (if anything) appears to be misleading or deceiving about visuals and words on
Analyze their revenue over the past five years : Analyze their revenue over the past five years. Has it been steadily increasing? Has there been an unexpected downturn? If so, why?
Describes the population characteristics, and community : Describes the population characteristics, and community attitudes and behaviors for the health issue "child asthma hospitalization rates" in central harlem.
How does gender socialization early on influence the gender : How does gender socialization early on influence the gender roles that men and women perform in families and workplaces?

Reviews

Write a Review

Business Management Questions & Answers

  Explain the threat of substitute products or services

Explain the threat of substitute products or services. The key factors and trends in any other areas affecting your industry.

  Evaluate jeff bezos introduction

Evaluate Jeff Bezos' introduction and the reprinted "1997 Letter to Shareholders," and consider the strategic planning concepts presented this week.

  Evaluation of electronic brands

How to develop a personal framework of evaluation of electronic brands in terms of how well they implement their labor standards?

  Guiding principle according to donaldson

Which is NOT a guiding principle according to Donaldson?

  What are the internal structures of the cholorplast

What are the internal structures of the cholorplast and what parts of photosynthesis take place in each part?

  Human condition and our relationship with the world

How can you generate ideas, creations, or models that express the human condition and our relationship with the world around us as you develop your websites?

  Discuss the ethical issues or challenges associated

Discuss the ethical issues or challenges associated with prioritization.

  Characteristics of nonverbal communication

Identify and briefly describe the characteristics of nonverbal communication

  Controlling for effective business management

Explain the importance of planning, organization, staffing, directing, and controlling for effective business management

  Project management office

Senior management will all the time ask what business value they will realize from a project management office (PMO)

  Porter five forces model

Explain how industry attractiveness can be determined using the Porter's five forces model?

  What influences your first impressions

Which influence do you believe MOST influences your perception of the other person. What influences your first impressions?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd