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Discuss the process of deciding whether to become a franchisee.
The first step is to decide whether the investment can be undertaken. Then the entrepreneur needs to assess whether the brand is big enough and whether there is a market for it. This involves a lot of market research. The economics involved should be assessed. This includes analyzing the cash flows and revenues/expenses of the operations. Also the opportunity cost of the investment should be considered. The restrictions and requirements imposed by the brand should be carefully studied to see if they can be met. Site selection is important and so is the selection of employees required.
NO HANDWRITTEN OR COPIED ANSWERS PLEASE Discuss the process of deciding whether to become a franchisee.
PLEASE NO HANDWRITTEN OR COPIED ANSWERS What determines value?
NO HANDWRITTEN OR COPIED ANSWERS PLEASE Why is flexibility important in an entrepreneur?
PLEASE NO HANDWRITTEN OR COPIED ANSWERS Explain the model for terrestrial planet formation.
NO HANDWRITTEN OR COPIED ANSWERS PLEASE How are business ideas created by entrepreneurs?
PLEASE NO HANDWRITTEN OR COPIED ANSWERS Define the interest rate after-tax and the calculation for it.
PLEASE NO HANDWRITTEN OR COPIED ANSWERS Analyze the expected returns on the six main types of investments or portfolios.
NO HANDWRITTEN OR COPIED ANSWERS PLEASE Explain why an entrepreneur must be diligent to spot product opportunities.
NO HANDWRITTEN OR COPIED ANSWERS PLEASE Provide an example of how political and regulatory trends resulted in a new business, product, or service opportunity.
NO HANDWRITTEN OR COPIED ANSWERS PLEASE Identify social trends that affect how individuals (and businesses) behave and set priorities; provide examples.
Please no handwritten or copied answers How can leveraging debt or a fixed-cost asset affect cash flow of the business?