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25
Advantages of starting a franchise are:
1. reduced financial risk
2. training, financial, and management support by franchisor
There are some significant disadvantages, though. What are the three named in the book?
1. reduced financial risk
2. training, financial, and management support by franchisor
There are some significant disadvantages, though. What are the three named in the book?
1. start up fees
2. limitations imposed by franchise (market area, product, customer)
3. operational controls of franchisor
2. limitations imposed by franchise (market area, product, customer)
3. operational controls of franchisor
Flashcard info:
Author: savhighsmith
Main topic: Management
Topic: Entrepreneurship, Leadership
School / Univ.: UGA
City: Athens
Published: 30.03.2011