Question
Mr. Wilson has three specialty retail stores. He has been in business for 6 years and all the three stores are doing very well. Earlier
Mr. Wilson has three specialty retail stores. He has been in business for 6 years and all the three stores are doing very well. Earlier this year he was approached by one of his customers, who indicated that she would have an interest in opening one of Mr. Wilson's stores. This got him thinking about franchising and pursued some resources to have a bit of reading on the subject. One article he read states that the relationship between franchisor and franchisee is like a parent-child relationship. a) Based on the case above, discuss the relationship between franchisor and franchisee.
b) If he franchises his business, will he be responsible for the success of each franchisee?
Please answer ASAP
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