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Explain the FIVE (5) disadvantages of operating a franchise business.
(150 words)
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- Task 3) You may consider franchising your business at some point. Discuss with justification, the type and model of franchise that your business will enter into. (The selected business is a Solar Panel Company)Write a business plan a) mention the kind of business u are into. b)how do u make this business grow,is it by advertising or what c) This kind of business is it a business u employ people d)do u make profit or lossWhich of the following is an advantage of a Corporation? a. None of the above b. Shared responsibility c. Ease of operation d. Ease of formation
- Directions: Assuming that you are a proprietor of a car company, what are thestrategies/ways to make your business unique from other car companies? How canyou be a S.M.A.R.T. proprietor?37 - Which of the following should come in the blank space in the expression "............. companies, combining the characteristics of joint stock companies and collective companies"? a) cooperative businesses B) Limited partnership with share capital NS) Limited company D) Incorporated company TO) collective companyAdvise John how to ensure if the franchise to get into is a good one?
- In the case of a franchise, there's no central ownership actively involved with all of the stores. Investors often purchase more than one franchise, but many owners/operators typically run just one location.Explain the FIVE (5) advantages of operating a franchise business.(150 words)1. Corporation size, Employees. When a coporation type business has about over 4,000 employees what does that mean? Does it make the firm a lot more profitable or productive than the other corporations/competitors? Explain.In the case of a franchise, there's no central ownership actively involved with all of the stores. Investors often purchase more than one franchise, but many owners/operators typically run just one location.Explain the FIVE (5) disadvantages of operating a franchise business. (150 words)
- You love building and fine-tuning businesssystems in order to figure out the best ways to createand deliver products, solve customer problems, and soon. After 10 years in a corporate job, you’re ready toapply this passion to your own company. You’reintrigued by the systematic approaches the world’s mostsuccessful franchising operations use to multiply theirmarket reach. Would buying a franchise be a goodchoice for you? Why or why not?Which of the following types of business entities involves the least amount of time and money to establish? a) Corporation b) Conglomerate c) Partnership d) Sole ProprietorshipNo plagiarism Please! 8. Explain the characteristics of sole proprietorships, analyze the advantages and disadvantages of organizing a business as a sole proprietorship, Explain the characteristics of partnerships analyze the advantages and disadvantages of partnerships. Compare and contrast the three forms of business organization.
