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Tekijä: | |
Otsikko: | Franchise versus conventional small business failure rates in the US and UK: More similarities than differences |
Lehti: | International Small Business Journal
1998 : APR-JUN, VOL. 16:3, p. 56-69 |
Asiasana: | SMALL BUSINESS FRANCHISING BUSINESS FAILURES USA UNITED KINGDOM COUNTRY COMPARISONS |
Kieli: | eng |
Tiivistelmä: | Franchising is more risky than conventional small business activity in the first four or five years for both franchisor and franchisee, followed by a period of relatively low failure once break-even has been reached. The industry must come to terms with the new reality on failure rates, which in itself could create other problems. for instance, to reduce the popularity of franchising per se. |
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