Management
“Ownership and Franchising” Please respond to the following:
· Two friends are considering launching a small company, which they believe has potential to grow into a large firm in the future. Identify three (3) important factors they should take into consideration when selecting a form of ownership. Next, recommend one (1) form of ownership you believe will best serve the organization now and in the future. Justify your response.
· Identify two (2) key criteria you would use to evaluate different franchise opportunities, then select a franchise using the following websites: www.franchisegator.com or www.worldfranchising.com. Next, discuss the benefits and limitations of this particular franchise.
Assignment 1: Creating an eCommerce Business
“Too often, entrepreneurs brimming with optimism and enthusiasm launch businesses destined for failure because their founders never stop to define a workable strategy that sets them apart from their competition.” (Scarborough & Cornwall, 2015, p. 106).
With this assignment, you have the opportunity to take your creative ideas to the next step and begin to develop a strategy that will form the foundation for a successful business.
Write a three to four (3-4) page paper in which you:
Your assignment must follow these formatting requirements:
The specific course learning outcomes associated with this assignment are:
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