This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: List two advantages and two disadvantages of becoming a franchisee? What will be an ideal ... (Read 152 times)

fahad

  • Hero Member
  • *****
  • Posts: 570
on: Sep 15, 2018
List two advantages and two disadvantages of becoming a franchisee?
 
  What will be an ideal response?

Question 2

Describe the three types of business organizations; choose one type and list one advantage and one disadvantage of the type you have selected.
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

pocatato

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Sep 15, 2018
Answer to Question 1

ANSWER:
Advantage: model, curriculum, programmatic decisions already developedalso name recognition. Disadvantage: must follow franchisors requirements; may not agree with all of them, particularly if they are modified.

Answer to Question 2

ANSWER:

Three types: sole proprietor, partnership, corporation/ for-profit or not-for-profit.
Sole proprietor: Can make your own decisions about running the business, but can be lonely particularly when a crisis hits.
Partnership: Allows you to share responsibility and finances, but sometimes partnerships are subject to different opinions about how to run the business.
Corporation: Attracts funding more easily and may be more stable because of less dependency on a few individuals. Also, personal financial protection because individuals holding positions in corporation are generally protected from personal liability for acts or debts of the corporation. Setting up corporations is more complex and more costly.
(1 point each for business types named and 1 point each for advantage and disadvantage)


fahad

  • Member
  • Posts: 570
Reply 2 on: Sep 15, 2018
Wow, this really help

vickybb89

  • Member
  • Posts: 347
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Each experimental organism used in cell biology has advantages for certain types Each experimental organism used in cell biology has advantages for certain types
The Number of Children Americans Think Are Ideal The Number of Children Americans Think Are Ideal
Routes of Drug Administration: Advantages and Disadvantages Routes of Drug Administration: Advantages and Disadvantages
List transformations and Create a table of values for the following log function: List transformations and Create a table of values for the following log function:
Global list of Threatened Species Global list of Threatened Species
Major Vitamins List Major Vitamins List
Video: The Lagging Strand in DNA Replication and Replication in Action

For a complete list of videos, visit our video library