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In a lifestyle venture, independence, autonomy, and control are the primary driving
forces.
Two important factors classified as managerial that could be a cause for failure include
human resource problems and the concept of the team approach.
Social entrepreneurship is rarely a vehicle for sustainable development.
Does the firm know how effective its advertising is compared to that of its competitors?
Use of debt to finance a new venture involves a payback of funds plus an interest fee
for the use of the money.
Enable customers to promote a message themselves with multiple online social media
venues. Fan pages in Twitter and Facebook are examples of this.
The prospective investor should get as much information as possible on the franchisor.
