Making Profits with a Twist †Auntie Anne’s Pretzels

This is a good attitude to have when outgrowth a seam, because it promotes solid values that the business will be establish on, even after it succeeds. It also remembers the people in the community, the customers. A fellowship will survive and thrive if customers feel cared about and welcomed to the business. Customers are the hold of the business, and its important to care about them in the store, and outside it.However, conflicts whitethorn arise. A business may non have enough bills to keep itself going, much less give to the community. A business that perfectly does not give to the community could cause criticism. It can be delicate to make whatsoever profit when a decent chunk of coin is going to the community. A go with may take on more than than it can really handle when it promises this. Depending on the size of the community, people may feel they are more involved in the business than they are, resulting in the business not being taken seriously, and possibly fa iling.4. How do the advantages and disadvantages of dealership compare to other forms of business?A certify is a peachy business for someone who wants to go into business for his/herself, does not have the sit to build a business from scratch (as a franchise guild already has a reputation and doesnt need to build one), and wants the financial backing and tribute that comes with being a part of an already effected business. The franchisee has corporate support, materials and recipes (in the case of a restaurant) provided. The only thing the franchisee needs to do is the day-to-day managing, and making some decisions about what products to carry, pricing, etc.However, this also leads to a lack of freedom. In a traditional start-up business, a person does not have any backing besides his or her own funds and possibly reputation as a person in the community. The company is far more likely to fail (franchises usually dont fail). But, the person has the freedom to make any busine ss decision he or she chooses. He or she can take the business in a new direction, offer or stop offering any products or services, and do anything at all. There is absolute freedom for a sole proprietorship. A partnership shares the financial risk, and has some limit on freedom (decisions made equally between all partners), but the business doesnt arrive ready made like a franchise does.It ultimately depends on what experience a person wants to have security in business, or freedom to do as she/he pleases. whole kit CitedMcHugh, McHugh, and Nickels. Understanding Business. Seventh edition. New York McGraw-Hill Company, 2004.