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Insight Pursuing New Venture Opportunities (Franchising) : Lalaine C. Lacerna Bse 2A Prof. Christian P. Tan

This document discusses pursuing new venture opportunities through franchising. It notes that franchising has advantages as the product or brand is already established, making it less risky than other new business options. Franchising well-known brands like 7/11 is suggested as one of the best ideas, as their recognition reduces risk. The author says that if they had the money, they would take the risk of franchising a 7/11 store.
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0% found this document useful (0 votes)
30 views1 page

Insight Pursuing New Venture Opportunities (Franchising) : Lalaine C. Lacerna Bse 2A Prof. Christian P. Tan

This document discusses pursuing new venture opportunities through franchising. It notes that franchising has advantages as the product or brand is already established, making it less risky than other new business options. Franchising well-known brands like 7/11 is suggested as one of the best ideas, as their recognition reduces risk. The author says that if they had the money, they would take the risk of franchising a 7/11 store.
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Lalaine C.

Lacerna

BSE 2A Prof. Christian P. Tan

INSIGHT

PURSUING NEW VENTURE OPPORTUNITIES (franchising)

I learned to understand the franchising and its advantage and some terminology and
structure that I don’t know it is existing. I thought franchising is just buying know brand. There
have a big advantage is franchising because it is less risk because the product or brand is
existing already. One is the best idea is franchising like 7/11 or some food franchise that is well
known in town. If I only have money I would take the risk and franchise 7/11.

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