Do you believe that the Franchise Disclosure Document is useful for franchise evaluation? Defend your position.
Answer to relevant QuestionsWhat are some common reasons that owners offer their businesses for sale? Which of these reasons might a buyer consider to be negative?How are family businesses different from nonfamily businesses? In what ways are they the same?In making decisions about transferring ownership of a family business from one generation to another, how much emphasis should be placed on estate tax laws and other concerns that go beyond the family? Why?What are the two types of business plan? In what situation(s) would you use each type of plan?1. What problems might have contributed to the firm’s poor performance?2. Although several problems were encountered in implementing the business plan, the primary reason for low profits turned out to be embezzlement. ...
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