Mgm u2 ip | Business & Finance homework help
In terms of implications for initial communications within each nation, it is important to respect local customs while still providing enough information so that potential franchisees are able to make an informed decision about their investment. Additionally, it is also beneficial to research current trends in franchising in each country before reaching out so that you can tailor your message accordingly. Finally, all aspects related to setting up a successful business must be clarified including tax regulations and other financial considerations.
Overall understanding these similarities and differences between countries relative to the franchise business deployment helps create better expectations regarding what can or cannot be done in various locations around the world – enabling improved communication from both sides resulting in successful partnerships established across boundaries.