Lennys Sub shop

Lennys Sub Shop Grand Canyon University Introduction: deciding whether or not to go into business is a really complex decision. Each year, thousands of entrepreneurs ar faced with this difficult decision. Because of the calculate and the count of work compound in starting a unused business, many new business owners choose franchising as an alternating(a) to starting a new business. Although the supremacy rate for right-owned businesses is break in than the success rate for many fencesitter businesses, there is no formula to guarantee success. One of the biggest mistakes you base make is to be in a hurry to run short into business. Thats why its important to look at all of the cost and requirements for going away into business. If a person is concerned nigh the risk involved in a new, independent business venture, indeed franchising whitethorn be the best business option for them. In this radical I will look at a libert y opportunity and decide if this is a risk price taking. It has been give tongue to that the volume of eaterys go out of business in the outgrowth ii years of their existence. Some people even recall that the figures are as high as nightspotty percent. The NBC reality TV show called The Restaurant has helped spread this fable by stating that ix out of ten eating places do not survive. If one was to imagine these fabrications it would cause many people to think twice just about starting a restaurant. The truth is that the number is much close to the normal business failure rate. The rate of failures in the restaurant business is more in the fifty to sixty percentile. (Miller, April 2007). knowledgeable that excessively high failure rate is a myth makes my decision to choose a restaurant as my right opportunity a much easier one. The Franchise... If you call for to get a full essay, order it on our webs ite: ! OrderCustomPaper.com

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