Although more than half of all small businesses don't survive five years, franchises have a much better

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Although more than half of all small businesses don't survive five years, franchises have a much better track record. However, it can be difficult to buy a franchise. Research a popular food industry franchise, such as Panera Bread, Sonic, California Tortilla, or Subway, and detail the requirements for net worth and liquid cash for the franchisee as well as up-front and annual fees?

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Business Essentials

ISBN: 978-0134129969

11th edition

Authors: Ronald J. Ebert, Ricky W. Griffin

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