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635 Forum Post

 

REVIEW: Small Business Administration, Buy an Existing Business or Franchise, 2018 found at:

https://www.sba.gov/business-guide/plan-your-business/buy-existing-business-or-franchise

Using this and at least 2 other credible resources, in a well written post discuss the following:

1. How is a franchise different from an independent business?

2. What are the pros and cons of purchasing a franchise?

3. What are some important considerations when buying into a franchise?

4. Would you consider buying a franchise?  Why or why not?

Forum Instructions:

  • Please elaborate and provide substantive support for your findings by using credible sources in such as course text, articles, journals, etc.–be sure to attribute credit to these sources (any format is fine).
  • Also, you are required to respond to the initial posting from the Instructor as your original forum answer as well as respond to at least two (2) additional postings of two (2) fellow learners.
  • Original responses should be a minimum (performance at a B level) of 300 words

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