For decades, the franchise model has been one of the most popular pathways into entrepreneurship. Yet, even within one of the world’s most successful business models, deep-seated structural weaknesses, rigidities, and systemic risks can emerge—specifically when the chain of transparency is broken. At a time when small and medium-sized enterprises (SMEs) are already grappling with …
Tag: enterpreneurship
What makes a business truly strong today?
Until a few years ago, a strong business was one that grew quickly. Increasing turnover, expanding its customer base and expanding into new markets were the key indicators of success. Today, however, the business environment has changed radically and with it the criteria by which an organization’s potential is assessed have been redefined. The successive …