Franchinsing

HA442 : The Class : Overview : Types of Ownership : Franchinsing

The Advantages and Disadvantages of Franchising

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Complete the activity as outlined below

Franchising is a common way for many people to begin in the food service industry. There are definite advantages and disadvantages to purchasing a franchise.

Please point your browser to:
www6.americanexpress.com/smallbusiness/resources/tips/april-97-tip.shtml

1. Define what is meant by the statement, "As a franchisee, you are in business for yourself, not byself."

2. What type of people would frachises be a good idea for? What type of people would probably be better off not purchasing a franchise? HINT: Look at eduational background, work experience, financial situation, etc,

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