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Buy custom Different Types of Business Ownership; +'s and -'s

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Topic: Business
Number of pages / Number of words: 4 / 971
Essay's paper body

For a franchise to be established, the other business whose name you are using has to give you the rights to do this. There quite a few advantages for the franchisee going into a franchise business, and they are;

? The franchisor provides a lot of help and support when setting up a business, such as;

o Sales techniques

o Equipment such as vans, computers and shop fittings

o Advice

o A trusted brand name recognised by the customers

o Goods or services to sell

? It is also easy to set up and run due to all the support provided

? Only a very small amount of franchises fail

The disadvantages of a buying into a franchise are;

? The franchisor only picks the people who are best suited for the job, and it is not always certain you will be able to buy into one, because of this

? It is the franchisor, and not the franchisee who decides how much money the franchisee needs to put in the business

? The franchisor has the right to end the franchise without reason or compensation

Limited Companies

There are two types of limited companies; they are Ltd’s and Plc’s...


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For a franchise to be established, the other business whose name you are using has to give you the rights to do this. There quite a few advantages for the franchisee going into a franchise business, and they are;

? The franchisor provides a lot of help and support when setting up a business, such as;

o Sales techniques

o Equipment such as vans, computers and shop fittings

o Advice

o A trusted brand name recognised by the customers

o Goods or services to sell

? It is also easy to set up and run due to all the support provided

? Only a very small amount of franchises fail

The disadvantages of a buying into a franchise are;

? The franchisor only picks the people who are best suited for the job, and it is not always certain you will be able to buy into one, because of this

? It is the franchisor, and not the franchisee who decides how much money the franchisee needs to put in the business

? The franchisor has the right to end the franchise without reason or compensation

Limited Companies

There are two types of limited companies; they are Ltd’s and Plc’s...


Essay fragment

General points of the essay

Business Plan for an Established Business Business Types Constitutional Rights - Business Law Different Types of Business Ownership; +'s and -'s Franchise vs. Business Opportunity Private Rights In A Business Organization Professional Memo-Virtual Organization Business Types Selecting A Form of Business Ownership Types of Business Ownership Types of business organizations Unit No: 7 Assignment 2 Business Strategy Higher National Certificate In Business Year 2 To What Extent Is The Propaganda Model Applicable To Western Corporate Media? Discuss In Relation To Ownership Of The Media And Give Appropriate Examples. Basic Business Types Explained Business Ownership Types Discuss How Sport Strategies Can Help Business And Which Limit A Business Man Has To Pass In Order To Be Successful

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