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If an expat from India, out of his element and native country, with no education or financial backing besides a punishing loan, can run a profitable 7-11, you c

• deleted 8y ago
  [deleted]
• Terr_ 8y ago
  > > > Or you can just start your own company and make your own rules. > can run a profitable 7-11 Which is anything but the kind of business where you "make your own rules." 7-11s are a type of business known as a "franchise". To get an idea what that means, just see the company's FAQ [0]: > 7‑Eleven provides a fully stocked, turnkey operation [...] obtains and bears the ongoing cost of the land, building and store equipment [...] pays for the water, sewer, gas and electric utilities [...] pays for any building rent and real estate taxes [...] provides financing for all store-operating expenses [...] provides bookkeeping, bill paying and payroll services for store operations [...] provides a support structure and business consultant who meets with the Franchisee weekly to help maximize store performance. TLDR: It's not a relevant example because it isn't the kind of empowerment (or risk) we're talking about. [0] http://franchise.7-eleven.com/franchise/faq http://franchise.7-eleven.com/franchise/faq
• crdoconnor 8y ago
  >a punishing loan, can run a profitable 7-11 Not really in charge of much if they do that are they?