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Essay

Advantages and Disadvantages of Franchising

Essay specific features

 

Issue:

Business

 

Written by:

Lisa G

 

Date added:

August 7, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 750

 

Was viewed:

3821 times

 

Rating of current essay:

 
Essay content:

Various tangibles and intangibles such as national or international advertising, training, and other support services are commonly made available by the franchisor. Agreements typically last five to twenty years, with premature cancellations or terminations of most contracts bearing serious consequences for franchisees...
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A well run franchise would offer a turnkey business: from site selection to lease negotiation, training, mentoring and ongoing support as well as statutory requirements and troubleshooting Expansion After their brand and formula are carefully designed and properly executed, franchisors are able to expand rapidly across countries and continents, and can earn profits commensurate with their contribution to those societies...
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