Discuss the pros and cons of franchising from the viewpoints of both the potential franchisee and the potential franchisor.
Answer to relevant QuestionsEvaluate loss of control as a disadvantage of franchising from the franchisor’s perspective.1. Do you think John Patterson really does not know or care whether or not he is making money? Can he succeed in two locations if that is his attitude?2. What type of background do you think you would need to run a ...Suppose that you, as founder of a business, have a sales representative position open. Your sister has a step-daughter who is looking for a job and asks you to hire the young woman. What action would you take? Why?1. What would you recommend to Sebastian at this point?2. What would you recommend to Alfonso?If the income statement of a financial plan shows that the business will be profitable, why is there a need for a statement of cash flows?
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