Preliminary Business Studies - Establishment Options

Which establishment option requires the highest level of entrepreneurship?

You have identified a "gap in the market". Which establishment option suits:

An advantage of buying a franchise is the franchisee must pay fees and profit share.

Australia's largest franchise operation is:

A disadvantage of buying a franchise is

Motivation is a personal quality for all establishment options?

Which est option may suffer from employees resenting change to the business operation.

A franchisor is

The monetary value attached to the reputation of a particular business.

A disadvantage of buying a franchise is the franchisee must buy stock from the franchisor.

An individual or business that purchases a franchise?

Which est option gives the owner the freedom to set up the business exactly as they wish.

A franchisee can succeed despite having limited experience?

Which est option provides sales to existing customers will generate instant income?

A disadvantage of starting up a business from scratch is agreeing on goodwill.

Which business is not a franchise

Which business is a franchise?

If buying an existing business, it is advisable to know why the business is forsale?

Which establishment option has the highest risk?

Recommend an establishment option for Cliona's and Anthony's retracting heel shoe business: