a) What can an entrepreneur do to avoid the failure of his/her company? Discuss AT LEAST FIVE actions they can take.
b) Although franchising is the fastest growing segment of small business, it has its drawbacks. Name and explain AT LEAST FIVE drawbacks to franchising from the FRANCHISEE'S perspective.
c) Explain the benefits of franchising to the FRANCHISEE. Name and explain AT LEAST FIVE benefits to franchising from the FRANCHISEE's perspective.
d) What are the advantages and disadvantages of the partnership form of ownership? Identify and explain AT LEAST FOUR of each.