A franchise is a venture where a sponsor identifies someone with an idea or a proposal and decides to fund his project and give it the financial boost it needs to start off. This takes the headache away from the sponsor as he is working with a venture that has already been thought of, such that his main role is fund provision and following up on the progress being made.
Kavungya answered the question on April 10, 2021 at 10:13
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State and explain the various types of business opportunity ventures.
(Solved)
State and explain the various types of business opportunity ventures.
Date posted:
April 10, 2021
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Answers (1)
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Examine three ways through which the economy benefits from the growth of small businesses.
(Solved)
Examine three ways through which the economy benefits from the growth of small businesses.
Date posted:
April 10, 2021
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Answers (1)
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Describe the relationship between entrepreneurship and communication.
(Solved)
Describe the relationship between entrepreneurship and communication.
Date posted:
April 10, 2021
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Answers (1)
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Explain different categories in which entrepreneurs can be classified.
(Solved)
Explain different categories in which entrepreneurs can be classified.
Date posted:
April 10, 2021
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What is effective communication?
(Solved)
What is effective communication?
Date posted:
April 10, 2021
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Explain benefits a company may derive from understanding its competitors
(Solved)
Explain benefits a company may derive from understanding its competitors.
Date posted:
April 11, 2019
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Theories that prove that entrepreneurship is a multi dimensional concept
(Solved)
Theories that prove that entrepreneurship is a multi dimensional concept
Date posted:
February 25, 2019
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Distinguish between business plan and market plan
(Solved)
Distinguish between business plan and market plan.
Date posted:
February 22, 2019
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Answers (1)
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Differentiate between “ethical dilemma” and “ethical lapse”
(Solved)
Differentiate between “ethical dilemma” and “ethical lapse”
Date posted:
February 5, 2019
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Answers (1)
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Explain six unethical practices likely to be found in business communication.
(Solved)
Explain six unethical practices likely to be found in business communication.
Date posted:
February 5, 2019
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Answers (1)
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Explain the benefits of using M-pesa to transact business
(Solved)
Explain the benefits of using M-pesa to transact business
Date posted:
February 5, 2019
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Answers (1)
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Write explanatory notes on the following:
i) Fax
ii) Telex
iii) Electronic mail
iv) Teleconferencing
(Solved)
Write explanatory notes on the following:
i) Fax
ii) Telex
iii) Electronic mail
iv) Teleconferencing
Date posted:
February 5, 2019
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Answers (1)
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Outline eight benefits of blogging to business communication.
(Solved)
Outline eight benefits of blogging to business communication.
Date posted:
February 5, 2019
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Answers (1)
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Distinguish between fax and email.
(Solved)
Distinguish between fax and email.
Date posted:
February 5, 2019
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Answers (1)
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Highlight eight benefits of an organizational manual to an entrepreneur.
(Solved)
Highlight eight benefits of an organizational manual to an entrepreneur.
Date posted:
February 5, 2019
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Answers (1)
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Discuss six factors that an entrepreneur should put into consideration prior to commencing trading on the internet.
(Solved)
Discuss six factors that an entrepreneur should put into consideration prior to commencing trading on the internet.
Date posted:
February 5, 2019
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Answers (1)
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Identify five key benefits that could be derived from the use of personal digital assistant (PDA) by an entrepreneur.
(Solved)
Identify five key benefits that could be derived from the use of personal digital assistant (PDA) by an entrepreneur.
Date posted:
February 5, 2019
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Answers (1)
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Identify three circumstances when the use of videoconferencing would be the most suitable mode of communication.
(Solved)
Identify three circumstances when the use of videoconferencing would be the most suitable mode of communication.
Date posted:
February 5, 2019
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Answers (1)
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Explain the term “videoconferencing” .
(Solved)
Explain the term “videoconferencing” .
Date posted:
February 5, 2019
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Answers (1)
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Outline eight possible application of Bluetooth technology in an enterprise.
(Solved)
Outline eight possible application of Bluetooth technology in an enterprise.
Date posted:
February 5, 2019
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Answers (1)