Define and explain

Question

ESSAY  INSTRUCTIONS

From a franchisor standpoint, seeking to expand the business by appointing qualified franchisee candidates is among the most important strategic decision. Thus, choosing the best qualified candidate(s) is crucial to success. As a prospective franchisee, determining your own suitability to becoming a successful franchisee requires honest, self-examination of your management skill sets.

• Define and explain "franchising." Why is franchising gaining appeal as both a means of employment and entrepreneurial expression?

• Consider Table 4-4 and explain what this table reports concerning the priority of franchisee qualifications. Explain why you agree or disagree with this report.

• Franchise ownership attracts candidates with diverse backgrounds and skill sets. What five "people groups" over the next ten years are expected to become franchise owner operators? For each group, explain their reasons for doing so.

Compose a thoughtful 1,000-word essay in APA format, using 12pt Times New Roman font, double-spaced, 1" left and right margins. Late submissions will not be accepted.

Answer 1

Create a thoughtful 1000 word essay in accordance with APA format, employing 12pt, Arial Black font, single-spaced all along with 1 inch margin. 1) Define and describe ‘franchising’. Explain why is franchising gaining appeal as both a means of the employment and entrepreneurial expression? 2) Consider the table illustrated and describe what this table reports regarding the priority of franchisee qualifications. Describe why you agree or disagree by this report. 3) Franchise ownership attracts the candidates by means of diverse backgrounds and ability sets. Illustrate what 5 ‘people groups’ over the next 10 years are expected to become the franchise owner operators? For each and every group, describe their reasons for doing so.