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Discuss franchising as an alternative for entrepreneurs in South Africa. Do so from the perspective of...

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General Management

Discuss franchising as an alternative for entrepreneurs in SouthAfrica. Do so from the perspective of the franchisor and thefranchisee. 30 MARKS

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Franchising as an alternative for entrepreneurs in South Africa form of venture capital offers a number of advantages The main reason most entrepreneurs turn to franchises is that they allow them to expand without the risk of debt or stock costs First because French franchises provide all the capital needed to open and manage a unit it allows the company to grow using the resources of others Using the money of others the buyer of the right to do business can grow exponentially indefinitely In addition because the franchise company is not a franchise it signs leases and makes various contracts The    See Answer
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