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Author Question: How can a person tell if franchising is right for them? What will be an ideal ... (Read 84 times)

appyboo

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on: Jul 6, 2018
How can a person tell if franchising is right for them?
 
  What will be an ideal response?

Question 2

Susan Howard owns a seafood restaurant in Naples, Florida. She is currently owed 21,000 by a corporation that she catered a series of meetings for and 3,000 on an overdue account. Amanda has 24,000 in ________.
 
  A) accounts receivable
  B) inventory
  C) accounts collectable
  D) accounts obtainable
  E) accounts payable


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quynhmickitran

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Reply #1 on: Jul 6, 2018
Answer to Question 1

Purchasing a franchise should be weighed against the alternatives of buying an existing business or launching an entrepreneurial venture from scratch. Answering the following questions will help determine whether franchising is a good fit for people thinking about starting their own business.
 Are you willing to take orders?
 Are you willing to be part of a franchise system?
 How will you react if you make a suggestion to your franchisor and your suggestion is rejected?
 What are you looking for in a business? How hard do you want to work?
 How willing are you to put your money at risk to buy-into someone else's system?

Answer to Question 2

A


appyboo

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Reply #2 on: Jul 6, 2018
Thank you :)


quynhmickitran

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Reply #3 on: Jul 6, 2018
Happy to help you


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