What are the advantages of starting a franchise business (such as McDonalds) instead of an independent entrepreneurial
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 78% (14 reviews)
Franchises are attractive because they involve established pr...View the full answer
Answered By
Nnamdi Azike
My first stint at Tutoring was in 2006-2007 whilst I was serving my country as a National Youth Corps member in the core North of Nigeria. Having with a BSc in Economics in 2005, I was naturally assigned Economics as my core subject. I sometimes taught maths and English to secondary (High) school students. The total number of students under my care was in excess of 500.
To make additional income during that period, I took on Private Practice which entailed tutoring mid and high school students on various other subjects.
After my MBA in 2010, I started to gravitate into consulting. I did Insurance and Risk Management for 4 and a half years, before moving into Human Resources and Management consulting. I started speaking to Radio Audiences once every Thursday on various business topics. In 2017 I became certified by the United Nations Industrial Development Organisation (UNIDO) as a Trainer after a Train-of-Trainers exercise. The initiative was sponsored by Hewlett Packard and branded the UNIDO/HPLIFE Initiative. Thereafter, I started training business owners at paid trainings.
0.00
0 Reviews
10+ Question Solved
Related Book For
Management People Performance Change
ISBN: 978-0132176408
1st edition
Authors: Luis R. Gomez Mejia, David B. Balkin
Question Posted:
Students also viewed these Management Leadership questions
-
What are the advantages of starting a small business? The disadvantages?
-
What are the advantages of purchasing inventory in large quantities? What are the advantages of purchasing it in small quantities?
-
What are the advantages of financial measures of performance? What are the advantages of nonfinancial measures of performance?
-
Accounts Receivable AED 5,000 Accounts Payable 15,000 Advertising Expense 2,000 16,500 Building Cash Common Stock 50,000 Dividends 1,200 Equipment 2,000 Land 70,000 Notes Payable 60,000 3,400 Office...
-
The American Water Works Association estimates that the average person in the United States uses 123 gallons of water per day. Suppose some researchers believe that more water is being used now and...
-
Look again at the previous question. Can you explain intuitively why the zero exhibits greater interest rate risk even though it has the same maturity as the coupon bond?
-
Assume the law of the excluded middle is not true, and use this to prove the equality 1 = 0.
-
Nucor and AK Steel are steel manufacturers. Nucor produces steel in mini-mills. Mini-mills transform scrap ferrous metals into standard sizes of rolled steel, which Nucor then sells to steel service...
-
Corporate partners Brad and Jen went to the medium sized Bell Law Firm, located in California, to have revocable trusts created for both partners, in 2020. Estate Attorney Al met with both of them,...
-
A ride hailing company has their DB structured in 3 major tables as described in the SCHEMA section below. Write a query to fetch the top 100 users who traveled the most distance using the service....
-
Can an individual be an entrepreneur yet work within a large corporation? Explain your answer.
-
What is the purpose of a business plan for an entrepreneurial effort? Some successful businesses are started without any business plan and operate according to the gut instincts of the entrepreneur....
-
Draw an isoquant-isocost line graph to illustrate the following situation: Jill Johnson can rent pizza ovens for $2,000 per week and hire workers for $1,000 per week. She can minimize the cost of...
-
A frequency generator (a device that produces sinusoidal signals whose frequency and amplitude can be independently set) is used to power a horn. The frequency is set to \(2000 \mathrm{~Hz}\), and...
-
In a single row impulse turbine, the blade speed is \(200 \mathrm{~m} / \mathrm{sec}\), nozzle angle is \(18^{\circ}\). If the steam enters with an absolute velocity of \(300 \mathrm{~m} /...
-
\(1.5 \mathrm{~kg}\) of steam at a pressure of \(10 \mathrm{bar}\) and temperature of \(250^{\circ} \mathrm{C}\) is expanded until the pressure becomes 2.8 bar. The dryness fraction of steam is then...
-
Air enters the compressor of gas turbine plant operating on Brayton cycle at 1 bar and \(20^{\circ} \mathrm{C}\). The pressure ratio in the cycle is 4 . Calculate the maximum temperature in the cycle...
-
XYZ Ltd., whose cost of capital is 10 per cent, is considering two mutually exclusive projects, X and Y, the details of which are: Compute the NPV, profitability index and IRR for the two projects....
-
Evaluate each integral using any algebraic method or trigonometric identity you think is appropriate, and then use a substitution to reduce it to a standard form. dx (2x + 1)4x + 4x
-
In 1995 Miguel purchased a home for $130,000. In 2000 he sold it for $170,000 and immediately purchased another one for $180,000, which he sold in 2007 for $235,000. How much taxable capital gain, if...
-
What is your reaction to the following statement made by many business graduates? It may be nice to study ethics, but in the real world the only thing that counts is money.
-
Give examples of rights that you think every employee is entitled to.
-
According to several religious and community leaders, companies can become more socially responsible by allowing homeless people to stay overnight in the office lobby. The need is particularly urgent...
-
Build a GUI conference registration program: StuPre | Conference Registration Event # of Participants Select Event 1 1 Event 2 2 Event 3 0 Event 4 1 Event 5 0 Enter your email: Register
-
1. Write a method that takes a string as input and prints true if the String length is greater than 6 characters. The method should print false otherwise. 2. Write a method that takes a String s and...
-
The analysis algorithm is known as follows: function Analysis(n:integer) ->integer {Initial State: n >= 0 Final State: Return calculation n(n+1)/2} Dictionary i: integer res: real Algorithm Res
Study smarter with the SolutionInn App