Patsy wants to go into business for herself and is thinking of buying a McDonalds franchise. Before retiring, Ginger owned a Dairy Queen franchise and Patsy has come to her for advice. What advice about owning a franchise is Ginger likely to tell her?
Answer to relevant QuestionsIn Chapter 3, Wilma of Wilma’s Wonderful Winterwear was coping with role conflict and succession issues. Two of her sons were not much interested in the business, while her oldest, John and her daughter, Kay both seemed ...What kind of strategy did Nick and Dennis plan for Mindnautilus? Pick five online businesses in the same industry. From their websites, see if you can identify what they think is their competitive advantage. Do you agree with their assessment? Why or why not? For a business plan being put together by a student in his late teens or early 20s, what are the most likely risks? What are the differences in a business plan for a start-up pizza business and for an existing pizza business?
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