Week 1 Entrepreneur 3 - success rate. Therefore, it would...

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There are pretty extreme differences between new business entrepreneurs and franchise entrepreneurs. I found a great article that breaks down some of the most important differences to consider if you want to run your own business. 1. If you want to be your own boss, a franchise is not the way to go. 2. You want to make a lot of money. This depends on your definition of a lot of money. With a franchise you will not necessarily make more money, but they have a higher
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Unformatted text preview: success rate. Therefore, it would depend how much you are willing to risk to make more money. 3. You have a great business ideal that you think has promise. With a franchise you will not be in full control to pursue your own ideas. Source: http://www.toolkit.com/small_business_guide/sbg.aspx?nid=P01_0910...
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This note was uploaded on 03/26/2012 for the course BUS GM560 taught by Professor Fields during the Summer '10 term at Keller Graduate School of Management.

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