Question: If you were working on a business plan for opening a Five Guys franchise in your area, what critical risks would you list? How would

  1. If you were working on a business plan for opening a Five Guys franchise in your area, what critical risks would you list? How would you plan to deal with those risks?
  2. Do you agree with Five Guys’ policy of spending millions to reward good customer service rather than promoting itself through traditional advertising campaigns?

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1 One potential risk for a local Five Guys might be the strength of existing fastfood businesses and ... View full answer

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