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Category > Marketing Posted 25 Apr 2017 My Price 2.00

An entrepreneur who started a chain of auto service

An entrepreneur who started a chain of auto service centers to do fast oil changes wants to quickly expand by building new facilities in new markets but doesn’t have enough capital. His financial advisor suggested that he might be able to get around the financial constraint and still grow rapidly if he franchised his idea. That way the franchisees would invest to build their own centers, but fees from the franchise agreement would also provide cash flow to build more company owned outlets. Do you think this is a good idea? Why or why not?

 

 

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(8)
Status NEW Posted 25 Apr 2017 06:04 PM My Price 2.00

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file 1493146644-Answer.docx preview (189 words )
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