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  • Suggest You - Lies, Damned Lies and Franchise Statistics

    Characteristics of Depreciation, Basic Factors of Determination of Depreciation
    Characteristics of DepreciationDepreciation has the following characteristics:(1) Depreciation is charged in case of fixed assets only, e.g., Building, Plant and Machinery, Furniture 'etc. There is no question of depreciation in case of current assets-such as Stock, Debto
    the survey is trying to identify, the franchises that have failed, are excluded from the survey.

    The reason for the discrepancy between statistics reported by the franchi

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    Do you jump out of bed each morning excited about going to work? You can’t wait for the conference call or board meeting scheduled first thing and your co-workers are a joy to be around, right?Not so for most people. Then, why is it that Americans spend so much time doing something they don’t en
    Those prospective entrepreneurs considering buying a franchise are bombarded by statistics which show that Franchisees seem to do much better than stand alone small businesses. However they should approach the statistics with extreme caution.

    The oft-touted statistic that after 5 years the percentage of Franchises still in business is much higher than non-franchise start-ups is not borne out by anecdotal evidence. So what is the truth? Well much of the apparent discrepancy can be explained by a simple analysis of the way in which the numbers are sampled.

    Staggeringly, the basis for franchise associations' surveys is polling of CURRENT franchisees only. This means that the very group that the survey is trying to identify, the franchises that have failed, are excluded from the survey.

    The reason for the discrepancy between statistics reported by the franchi

    What You Can Do With Your Undergraduate Degree
    An undergraduate degree is a solid foundation upon which you can build a rewarding professional career. It’s a beginning, a doorway. It’s not a one-way ticket to success.College degrees are the new high school diplomas. An undergraduate degree is a necessary first step for a vast majority of pro
    However they should approach the statistics with extreme caution.

    The oft-touted statistic that after 5 years the percentage of Franchises still in business is much higher than non-franchise start-ups is not borne out by anecdotal evidence. So what is the truth? Well much of the apparent discrepancy can be explained by a simple analysis of the way in which the numbers are sampled.

    Staggeringly, the basis for franchise associations' surveys is polling of CURRENT franchisees only. This means that the very group that the survey is trying to identify, the franchises that have failed, are excluded from the survey.

    The reason for the discrepancy between statistics reported by the franchi

    Risk Assessment in The Workplace - Part 1
    What is risk assessment?A risk assessment is simply a careful examination of your workplace, to identify what could cause harm to people, so that you can decide as to whether you have taken enough precautions or should do more to prevent harm from being caused.Work accidents and work rela
    than non-franchise start-ups is not borne out by anecdotal evidence. So what is the truth? Well much of the apparent discrepancy can be explained by a simple analysis of the way in which the numbers are sampled.

    Staggeringly, the basis for franchise associations' surveys is polling of CURRENT franchisees only. This means that the very group that the survey is trying to identify, the franchises that have failed, are excluded from the survey.

    The reason for the discrepancy between statistics reported by the franchi

    Consensus Management Consequences
    The old-fashioned autocratic manager who ruled with an iron hand and controlled everything from the top has pretty much vanished from the management scene. Not many regret his passing. There is no doubt that today's enterprises operate far more humanely than did their old school predecessors, at least
    y in which the numbers are sampled.

    Staggeringly, the basis for franchise associations' surveys is polling of CURRENT franchisees only. This means that the very group that the survey is trying to identify, the franchises that have failed, are excluded from the survey.

    The reason for the discrepancy between statistics reported by the franchi

    Answer To Relieving Pain In Business
    The previous Sangaraja, the Supreme Patriarch of the monastic order (of Thailand), once went on a tour of China, where someone offered him a very beautiful teacup. It was unlike anything he'd ever seen. He thought, "Oh! The people here have real faith in me, to offer me this beautiful teacup!" And as s
    the survey is trying to identify, the franchises that have failed, are excluded from the survey.

    The reason for the discrepancy between statistics reported by the franchise industry and independent studies, is difference in methodology. Surveys done by Franchise Associations are done by sending questionnaires only to existing franchisees. Which means that all those franchisees who couldn't make it work and sold their franchises are excluded from the figures. Only the franchisees who went bust and couldn't sell their franchises are taken into account.

    How very convenient if the objective of the survey is to promote the sale of franchises!

    Always be aware of these harsh realities when considering any franchise:

    1. Many franchisees never make much money. Average profitability is poor, especially after taking into account the purchase price of the fran

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