Abstracts » Business

Strength in numbers

Article Abstract:

Individuals considering starting a business from scratch ought to include the benefits of purchasing a franchised concern in their considerations. An increasing amount of outsourcing activities by businesses and the desire of laid- off baby boomers to employ themselves have fueled the franchising business, which is experiencing explosive growth. The average Canadian franchise firm has been operating for at least 15 years and has 75 operating units. These firms provide a substantial number of opportunities to entrepreneurs.

Canada, Economic aspects, Retail industry, Retail trade

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Checking out the franchise

Article Abstract:

It is vital for a franchise's corporate culture to be in compliance with the corporate culture of both the franchisor and the franchisee to maintain good business relationship. Culture clash often occurs when some members of the group do not agree with the moral standards being reflected by the franchise. The franchisor disclosure document is the most important tool when buying a franchise.

Franchise Distribution, Analysis, Corporate culture, Distribution channels

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Duplicating growth

Article Abstract:

The use of franchising as a means of increasing the size of a business is discussed, with focus on the importance of a successful example of the business to show potential franchisees and competent management support.

Business, Design and construction

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