Question
Below are discussion posts for a Business Law class. Please reply with a short response to each of them. Discussion #1 Some of the high-quality-known
Below are discussion posts for a Business Law class. Please reply with a short response to each of them.
Discussion #1
Some of the high-quality-known franchises have wonderful fulfillment prices, with the possibilities of failure hovering within the low single digits. As I start development I would want to know my direction, and to establish a system that will be successful. Investing in my own franchise will provide a quick and easy way to become a business owner. I will enter into a fully operational location as this will benefit my operation. This business will allow new customers, documented cash flow, workforce already in place. Franchising my own organization allows me to have the freedom to run the business how I would like.
Discussion #2
If it were me and I had these two options, I would choose starting my own business from scratch. The reason I'd start my own from scratch is because of flexibility, independence, and the pride or feeling of success that comes after. I feel if I just picked a franchise instead of starting a business, it would be more difficult and have more disadvantages. Some disadvantages may be the franchise not seeing eye to eye with my visions, it may be more expensive, and lack financial privacy. Some advantages that come with franchises are reduced risk and brand awareness. Also whenever your franchise succeeds you succeed as well which is a good advantage.
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