What are the major differences between managing and leading

Reference no: EM133213710

Question - Franchising Management Questions

Q1. What are the major differences between managing and leading (management and leadership)? Which is more important, and why?

Q2. As a small business owner, what you get to take home is not a wage or salary, but the profits of the business. If you hire an employee, their cost has to come out of that profit. So when might it make sense to hire additional workers?

Q3. What is special about a franchise? Why might it make sense for you to buy into a franchised business, and why might you hesitate to use it?

Q4. Suppose you are an entrepreneur interested in joining a franchise. What established franchise company would you pursue, why? What would you need to do to initiate that business venture? What are some concerns you would have for that franchise?

Reference no: EM133213710

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