When a good franchise opportunity or a sheltered market is available for a single owner. The franchise
Question:
When a good franchise opportunity or a sheltered market is available for a single owner. The franchise may provide the owner with training and experience that will be useful for future business. The single owner with past experience may then be able to go out on his or her own. If he or she has good credit and a history of past business experience, the single owner may be able to put together a profitable business and will then have more control over the business than if there were partners. The single business owner may eventually incorporate the business when it grows, providing increased ownership, income, and employment opportunities for the community, and tax advantages for the single owner. LO.1
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Fundamentals Of Economic Development Finance
ISBN: 9780615517247
2nd Edition
Authors: Susan Giles Bischak