SDMC Owning a Franchise Compared to an Independent Business Discussion
Description
1. Discuss at least two advantages and two disadvantages of owning a franchise compared to an independent business. Identify two franchises in different industry segments (e.g., fitness, food, entertainment) that might be good business opportunities based on the current macro-environment trends. You must clearly state which macro-environment trends support these business opportunities and justify your response. You can find a list of top franchises here: https://www.franchisedirect.com/top100globalfranchises/rankings
2. What is the relationship between growth-mindset and entrepreneurial characteristics of grit and resilience? How can these characteristics help individuals become entrepreneurs/intrapreneurs? Clearly explain your response.
Do also remember to provide thoughtful comments on at least two responses posted by your classmates (attached)
Have a similar assignment? "Place an order for your assignment and have exceptional work written by our team of experts, guaranteeing you A results."