why might an entrepreneur decide not to take out a franchise agreement but to establish own business?
This entry was posted on Monday, August 18th, 2008 at 3:53 pm and is filed under Entrepreneur Articles. You can subscribe via RSS 2.0 feed to this post's comments. Responses are currently closed, but you can trackback from your own site.
August 18th, 2008 at 11:47 pm
Franchises limit you to what you can do with a business as you essentially have to answer to one above, as opposed to being your own boss independently.
A franchise requires a formal contact, which is legally binding, this is off putting for many entrepreneurs.
August 20th, 2008 at 5:13 pm
well if he or mabie his family has a long reputable standing in the comunity were a business would have an established retailability.
Ha Lol but the answer your looking for is probably that a corporation is safer then a franchise becouse only the business could be liable for lawsuits wear as a franchise like a propriatership can leave you holding the bill as well as your busuness.