Business Essentials (12th Edition) (What's New in Intro to Business)
12th Edition
ISBN: 9780134728391
Author: Ronald J. Ebert, Ricky W. Griffin
Publisher: PEARSON
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Question
Chapter 3, Problem 3.30C
Summary Introduction
Case summary:
Company CS is an ice-cream shop which contains a list of ice-cream, toppings, cakes, and other confections. The net worth of the firm is $250,000 and the cash available is $125,000. The up-front fee of the franchise is $27,000 and it is good for a ten-year term. However, the start-up cost is $467,525 and it takes four to twelve months to open the location.
To determine: Whether Person X is interested in owning Company C.
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Chapter 3 Solutions
Business Essentials (12th Edition) (What's New in Intro to Business)
Ch. 3 - Prob. 3.1QRCh. 3 - Prob. 3.2QRCh. 3 - Prob. 3.3QRCh. 3 - Prob. 3.4QRCh. 3 - Prob. 3.5QACh. 3 - Prob. 3.6QACh. 3 - Prob. 3.7QACh. 3 - Prob. 3.8QACh. 3 - Prob. 3.9AECh. 3 - Prob. 3.10AE
Ch. 3 - Prob. 3.11ACh. 3 - Prob. 3.12ACh. 3 - Prob. 3.13ACh. 3 - Prob. 3.14ACh. 3 - Prob. 3.15ACh. 3 - Prob. 3.16TECh. 3 - Prob. 3.17TECh. 3 - Prob. 3.18TECh. 3 - Prob. 3.19EECh. 3 - Prob. 3.20EECh. 3 - Prob. 3.21EECh. 3 - Prob. 3.22CCh. 3 - Prob. 3.23CCh. 3 - Prob. 3.24CCh. 3 - Prob. 3.25CCh. 3 - Prob. 3.26CCh. 3 - Prob. 3.27CCh. 3 - Prob. 3.28CCh. 3 - Prob. 3.29CCh. 3 - Prob. 3.30C
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Similar questions
- . Why are you considering starting your own business at this time?arrow_forwardWhat personal and business goals would you hope to achieve by starting your company?arrow_forwardWhy do you think selling or owning a business that sells home appliances is not a bad idea? And why should I build a business like this?arrow_forward
- What are the key considerations for entrepreneurs when choosing between different types of business ownership, such as sole proprietorship, partnership, and corporation, and how do these choices impact various aspects of management?arrow_forwardWhat is the value of investing in real estate through a partnership or syndicate versus individually? Be specific.arrow_forward1. Does someone need to start a business from scratch to be called an entrepreneur? 2. Can we call someone an entrepreneur if they bought an ongoing business from someone else or took over the operations of a family business from their parents? 3. If someone starts a small business and never needs to hire employees, can they be called an entrepreneur?arrow_forward
- 1. Can someone be an entrepreneur without owning their own business? 2. Can a person be an entrepreneur because of the nature of the work that they do within a large corporation?arrow_forwardWhat are the most common reasons for a small business to fail? Do these factors extend to larger corporations as well?arrow_forwardHow do you intend to get yourself (and your money) out of the business?arrow_forward
- What is the difference between a good businessman and a good man in business?arrow_forwardDo you have an entrepreneurial mindset? If I say no, then why?arrow_forwardWhat are the different forms of ownership that a business can adopt, and what are the advantages and disadvantages of each form? Additionally, how can an organization select the most appropriate form of ownership for its specific needs and objectives, and what are some of the key factors that should be considered in making this decision?arrow_forward
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