How can an individual who is thinking of going into business evaluate the financial picture of the enterprise? Use the methodology of Table to prepare youranswer.
Answer to relevant QuestionsIn addition to personal and financial issues, what other factors should the prospective owner be concerned with? Describe at least four.How can a prospective franchisee evaluate a franchise opportunity? Explain.1. What is your appraisal of the situation? Does it look good or bad?2. Would you recommend that Arlene buy the franchise from the woman who has offered to sell? Why or why not?3. What would you recommend Arlene do now? Be ...If a new venture has its choice between long-term debt and equity financing, which would you recommend? Why?How much protection does a copyright afford the owner? Can any of the individual’s work be copied without paying a fee? Explain in detail. If an infringement of the copyright occurs, what legal recourse does the owner have?
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