Sources of conflict between franchisees and franchisors

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Reference no: EM133175998

Please help with the following questions in as great detail as possible.

1. What would be the difference as to why wouldn't a 100-page business plan be four times better than a 25-page business plan?

2.Should you write a business plan even if you do not need outside financing? Why or why not?

3.Who should write the business plan?

4.If successful companies like Pizza Hut have been started without a business plan, why does the author claim they are so important?

5.Why do some prospective business owners refuse to plan?

6.What is the difference between a franchise, a franchisee, and a franchisor?

7.How would you explain the difference between franchises and other forms of business ownership?

8.Why is franchising important in today's economy?

9.What are the biggest advantage and the biggest disadvantage of franchising? Justify your answer.

10.What are the potential sources of conflict between franchisees and franchisors?

11.If you are the franchisee of a bookstore and you are offered twice the business's book value to sell it to a third party, should you or the franchisor collect the additional money? Take a position and justify it.

12. What do you think will be the growth areas (in products, services, and geographic areas) for franchises in the near future?

Reference no: EM133175998

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