Franchisees on Average Close Biz in Just Over 4 Years: Data

SEOUL, Dec. 24 (Korea Bizwire) — Franchisees on average shuttered their businesses in just over four years, government data showed Monday, in the latest sign of troubles facing small entrepreneurs. The 2015 data compiled by Statistics Korea showed that franchisees ran their stores for 52 months before closing them. By sector, franchisees of pharmaceutical businesses [...]