Small Business Management

1.)Ownership and Franchising" Please respond to the following:

• Two friends are considering launching a small company, which they believe has potential to grow into a large firm in the future. Identify three (3) important factors they should take into consideration when selecting a form of ownership. Next, recommend one (1) form of ownership you believe will best serve the organization now and in the future. Justify your response.
• Identify two (2) key criteria you would use to evaluate different franchise opportunities then select a franchise using the following websites: www.franchisegator.com or www.worldfranchising.com. Next, discuss the benefits and limitations of this particular franchise.