Wk 2 -Small Business Management – Discussion 1

Small Business Management – Discussion 1

“Choosing a Form of Ownership”

From the e-Activity, describe the most appropriate form of ownership for your new franchise based on your current financial situation. Provide specific examples to support your response.E-Activity: Go to the World Franchising Directory located at http://www.worldfranchising.com. Select any of the hottest new franchises that interest you and go to their Websites. View the site and identify the information about the financial requirements that you, as the franchisee, would have to meet.Assume the form of your new business will be a partnership (if you have not already done so). Discuss the types of conflicts that may arise and how you could prevent them from arising in the first place.

***This is a discussion, NOT a paper. Need 2 strong paragraphs and references. ***