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The objective of this study was to examine the relationship between form of ownership (independent vs. franchise) and financial
performance of a select group of small, mature firms. MANOVA and ANOVA tests failed to identify significant performance differences.
Recommendations for future research studies are mentioned.
Venturing into a small business is risky. Approximately 400,000 small businesses fail each year (The State of Small Business
1986). A conservative estimate of the failure rate of start-up firms in their first 5 years is close to 65% (Hodgetts 1982).
Between one-quarter to one-third fail in their first year of operation (Small Business Reporter 1986). However, many would-be
entrepreneurs minimize their business risk by purchasing a franchise rather than starting from scratch. In contrast, only
about 2.5% of franchise-owned outlets discontinue operations per year, many for reasons other than economic (“Franchising
is Management for Success” 1986). 相似文献
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H. Rijken Van Olst D. B. J. Schouten J. Wemelsfelder C. Goedhart J. Pen P. C. Van Traa F. Hartog A. Heertje H. J. Kuhlmeijer J. F. Haccoû P. J. Van Der Burg D. C. Breedveld H. R. Wortmann P. Verburg J. G. Lulofs J. M. Pieters Dr. H. Riemens L. Metzemaekers H. G. Advokaat Joh De Vries G. Greidanus 《De Economist》1961,109(9-10):690-733
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Kloek T. Booij H. Wemelsfelder J. Tinbergen J. van Vroenhoven F. J. W. de Jong J. de Vries Joh van Lieshout J. Th. Albeda W. de Heij J. P. ter Woorst G. J. 《De Economist》1970,118(5):510-540
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J. Pen Hendrik P. van Dalen A. H. E. M. Wellink J. A. Kregel Joh de Vries Casper van Ewijk P. Keizer R. J. de Groof C. G. M. Sterks F. A. A. M. van Winden Peter A. G. van Bergeijk H. -J. Wagener Bert Scholtens K. P. Goudswaard E. Sterken P. Kooiman F. A. G. den Butter Tom Elfring G. F. Pikkemaat Paul van Loon A. G. Z. Kemna 《De Economist》1991,139(3):435-468
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Wemelsfelder J. Pels P. S. Bottemanne C. J. Somermeijer W. H. Abeln G. H. J. Visser TJ. S. Loeb G. F. Venekamp P. E. de Vries Joh van Zuuren P. 《De Economist》1959,107(1):60-72
Amsterdam, Juli 1959. 相似文献