Consider franchising as pathway to entrepreneurship

Assignment Help Operation Management

Reference no: EM132301785

Two franchising experts recently debated the issue of whether new college graduates should consider franchising as a pathway to entrepreneurship. Jeff Elgin said recent college graduates are not ready to be franchise owners. “First, most recent college graduates don’t have the financial resources to fund a franchise start-up. Second, many lack the life experience and the motivation to run a business effectively and stick with it when times get tough.” Jennifer Kushell said franchising is the perfect career choice for many recent college graduates, for several reasons: (1) The support system that franchising provides is ideal for young entrepreneurs, (2) young people have grown up with franchising and understand it well, (3) many college graduates already have launched businesses of their own, and (4) they think big. Which view do you think is correct? Explain.

Reference no: EM132301785

Questions Cloud

Employees should food goblin supermarket schedule : How many employees should food goblin supermarket schedule if it requires a 8 percent capacity cushion?

Define and explain roles of term functional commttees : Define and explain roles of term functional commttees from both union and management perspective?

Economic benefits that midwest family mutual realized : Do you think that the economic benefits that Midwest Family Mutual realized as a result of green computing are unusual?

Grapefruit juice company business plan : Write a one to three (1–3) page executive summary for your Grapefruit Juice Company business plan, in which you justify:

Consider franchising as pathway to entrepreneurship : Two franchising experts recently debated the issue of whether new college graduates should consider franchising as a pathway to entrepreneurship.

Discuss five advantages of electronic and mobile commerce : Identify and briefly discuss five advantages of electronic and mobile commerce.

Recent innovations in power supply to improve reliability : ME501 - Power Engineering Principles for Automation - Engineering Institute of Technology - Apply principles in the energy efficiency and renewable energy

Firms face in adopting classical management strategy : What is the key challenge that firms face in adopting a classical management strategy? What solutions exist for these firms?

What you learn during internship for generalize psychologist : Complete a journal on the importance on being in general psychology in a rural area (explain that in a rural area there is more need for generalized.

User Account

All Pages