BUSI603 DB Forum2

BUSI603 DB Forum2 - DB Forum Two The word franchise first came from the French word franchir which means to free it originally was associated with

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DB Forum Two The word franchise first came from the French word franchir which means, “to free”; it originally was associated with the idea of freedom from slavery, but it has evolved to mean things like vote in elections and run one’s own business (Cavaliere & Swerdlow, 2008). This idea still holds its roots because many people get into the business of becoming a franchisee because they desire to be freed from their regular job or they want to experience ownership of a quality business. The concept of the franchise has been a popular phenomenon in recent decades and continues to grow still today. For many individuals that possess an entrepreneurial spirit, the idea that they can essentially own their own business while enjoying the shelter of a household name franchise is quite the opportunity. Some entrepreneurs might not ever make the leap of faith to start their own business without the support and comfort of belonging to an established successful company. “However, simply belonging to a chain or affiliation is not a guarantee for instant and unconditional success” (Carlback, 2008, p.74). There are several advantages and disadvantages to being affiliated with a
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This note was uploaded on 03/11/2010 for the course BUSI 603 taught by Professor Dr.ellis during the Spring '10 term at Liberty.

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BUSI603 DB Forum2 - DB Forum Two The word franchise first came from the French word franchir which means to free it originally was associated with

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