Question

Starting up and managing a business requires one to act responsibly and ethically at all times. It is
also imperative that one carefully considers the management team and the opportunities that
franchising presents to a business to create a bigger brand name and increased market share. In
this task, you will discuss some aspects of franchising and develop a brief code of conduct for your
business. In order to complete this task, you are expected to conduct desktop research.
1. You may consider franchising your business at some point. Identify the type and
model of franchise that your clothing business (Thread lifestyle) could potentially enter into. Justify each
selection.
(4)