franchising

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Title: franchising

Essay Details:

Subject: English

Author:

Date: June 10, 2016

Level: University

Grade: A

Length: 2 / 329

Essay text:

With franchising, the franchisor has already gone through that process and is highly motivated to share with you everything that has been learned. Franchises succeed because the franchisor has invested the resources to truly understand the business. There is a proven formula for success ready and waiting to be adopted by the new entrepreneur. How many non-franchise, independent businesses can say that? And, because a franchise represents a large number of units with established track records, the prospective buyer has access to much more of the data required for sound investment decisions than would be available with a non-franchise start-up...

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