MGT211 - Introduction To Business Solution GDB Spring 2021

Instruction:
9-June-2021 Is the Last Date of Submission. No Grace day should be given to students.
Topic:
Franchising

Requirement:

How franchising could be disadvantageous for a franchisee? On which grounds it is beneficial for the franchisee.

How franchising could the disadvantages for a franchisee?

How franchising could the beneficial for a franchisee?

1.

1.

2.

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Solution:

How franchising could the disadvantages for a franchisee?

How franchising could the beneficial for a franchisee?

Buying a franchise means Raise For Success inflowing into a formal agreement with your franchisor.

Franchises offer the independence of small business Raise For Success ownership supported by the benefits of a big business network.

Franchise agreements command Raise For Success how you run the business, so there may be little room for inspiration.

You do not necessarily need business experience Raise For Success to run a franchise. Franchisors usually deliver the exercise you need to operate their commercial model.

There are usually restrictions on where you operate the products Raise For Success you sell and the suppliers you use.

Franchises have a higher rate of success than Raise For Success start-up business.

Bad performances by other Raise For Success franchisees may affect your franchise’s reputation.

You may find it cooler to safe finance for a franchise. Raise For Success It may cost less to buy a franchise than start your own business of the same type.


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