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Entrepreneurial and Small Business Operations

New England Journal of Entrepreneurship

Franchising

1998

Articles 1 - 2 of 2

Full-Text Articles in Business

Paint-Your-Own Pottery Case Study, Lisa Morin Jan 1998

Paint-Your-Own Pottery Case Study, Lisa Morin

New England Journal of Entrepreneurship

There are currently more than seventy paint-your-own pottery shops in the United States. Although the concept of such studios is fairly new in New England, they have been in existence on the West Coast for years.


Franchising And Entrepreneurship: High Reward Or High Risk?, Gad J. Selig Jan 1998

Franchising And Entrepreneurship: High Reward Or High Risk?, Gad J. Selig

New England Journal of Entrepreneurship

According to the Department of Commerce, start-up, small, and family businesses are among the fastest growing areas of employment. Even under the best economic environment, starting a business is risky. To reduce the risks and to establish their own businesses, an increasing number of entrepreneurs and corporate converts are buying franchises.

Franchising has enjoyed a major increase in popularity during the early 1990s, fueled largely by the growing pool of available candidates made possible by significant corporate and government downsizing. According to the Department of Commerce, franchising accounts for nearly one-third of all U.S. retail sales and employs over 7 …