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You want to open a restaurant in Milan, Italy. Your family in Italy is willing to help. You can buy into a franchise or partner
You want to open a restaurant in Milan, Italy. Your family in Italy is willing to help. You can buy into a franchise or partner with someone local to Milan. Which option would you choose and what is the most important factor in your decision?
- A franchise, because it provides a pre-established business model and brand recognition.
- A local partnership, because it allows you to retain more control of the business.
- A franchise, because it provides less risk.
- A local partnership, because it allows you to retain more business profits.
Please explain your answer and provide the reason and details for the selection
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