Discussion Board 4 Reply
I found your Discussion Board Forum 4 post quite interesting. I didn’t agree with the post in its entirety. Opening a new business is hard work. Anyone looking into opening a business should thoroughly do their research. Betty has done some great ground work by researching a few franchises. The franchise concept is a great option for someone new to the business world. The franchisor usually continues to support the operation of the franchisee 's business by providing advertising, accounting, training, related services, and in many instances, products needed by the franchisee. (Satterlee, 2009). Betty would not be in business by herself. She would have professional advice throughout this journey. If Betty chose a sole proprietorship she would solely be responsible. Franchising means using a tried and tested formula to benefit from the experience and support of the franchisor (Schizas, 2013).I don’t agree that she shouldn’t employ Emma solely because of beliefs. Emma would be an employee not a partner. Emma is fully aware that Betty wants to run a Christian coffee shop. I would not choose Alice to partner, because of her husband’s firm beliefs that his wife should be at home. I would not want to start any family problems. However, I do believe that Betty’s husband could be her business partner. The financial contributions will assist greatly with Betty’s goals. I agree that Betty needs to consider other names for her business, because “The Gathering Place” was taken”. I think it is a great idea for her to name her business something that lets customers now that it is a coffee shop. Betty should look at the pros and cons of all the business types and go from there. Regardless of what decision Betty makes she needs to look to God for guidance to make the right decisions.
References
Liberty University. (2014). Discussion Board Forum 4 Case Study. Retrieved from Liberty University, BUSI 561-B08 LUO website.
Satterlee, B. (2009). Cross
References
Liberty University. (2014). Discussion Board Forum 4 Case Study. Retrieved from Liberty University, BUSI 561-B08 LUO website.
Satterlee, B. (2009). Cross
References: Liberty University. (2014). Discussion Board Forum 4 Case Study. Retrieved from Liberty University, BUSI 561-B08 LUO website. Satterlee, B. (2009). Cross Border Commerce. Synergistics Inc. Roanoke, VA. ISBN: 13:978-1-934748-03-9. Schizas, E. (2013). Buying into a franchise. Optometry Today. 53(12), 30-34. Retrieved from: http://go.galegroup.com.ezproxy.liberty.edu:2048/ps/i.do?id=GALE%7CA348310934&v=2.1&u=vic_liberty&it=r&p=AONE&sw=w&asid=ad6f99flcac9abc004cf31eb82b2de2b2.