Thursday, October 15, 2009

Franchise

I found the presentaion on franchises very interesting. I believed that the success rate of the franchisee's would be much higher than that of starting any business. I was shocked when I heard that their success rate was actually lower than the others. Another fact that I found quite shocking and also disturbing was that the franchisor is able to close down the franchisee's business as they see fit. I learned many new facts, interesting and shocking, about the franchise industry.

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