BUS 435 Discussions Question 1 & 2

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Discussions Question 1
Franchising
 
Assume that you consider a franchising opportunity for your new venture in the fast-food industry. Assess the strengths and the weaknesses of this franchising opportunity for your new venture. Describe your decision-making process on whether franchising is a good choice for your new venture.
 

Discussions Question 2

Legal Forms
 
There are different legal forms of a business: corporation, limited liability company (LLC), proprietorship and the partnership. Which legal form will you choose to establish your new venture to be proposed in your Final Paper business plan? Why did you choose that particular legal form to establish your new venture? What are the strengths and the weaknesses of the legal form that you have chosen for your venture?

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