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Full-Text Articles in Business
New England Journal Of Entrepreneurship, Summer 1998
New England Journal Of Entrepreneurship, Summer 1998
New England Journal of Entrepreneurship
No abstract provided.
Franchising And Entrepreneurship: High Reward Or High Risk?, Gad J. Selig
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 …