Franchising Essays & Research Papers

Best Franchising Essays

  • Franchising - 1387 Words
     Tips to Success in the Franchising Industry Tiffaney Ackerman Liberty University Abstract Each individual who chooses to own a franchise does so for multiple reasons. Richard J. Judd and Robert T. Justis devised a list of ten basic steps new franchise owners must keep in mind. The first step is to self-evaluate. It is important for new franchisee owners to understand the commitment this new business will require of them. They must also have a grasp on their person strengths...
    1,387 Words | 4 Pages
  • Franchising - 1204 Words
    Task 3 3.1 a. Availability: As franchisor McDonald they have part of accessibility of assets, monetary, staff, supplies, and numerous different things. McDonald furnishes all things to the franchisee with the exception of money related backing. Quality of product: As worldwide mark McDonald has their own standard to keep up nature of their item. They are utilizing ultra-advanced hardware and gear to administer their stores. Service: McDonald furnishes all sort of administrations to the...
    1,204 Words | 4 Pages
  • Franchising - 678 Words
    Franchising Franchising (from the French for honesty[citation needed]) is a method of doing business wherein a franchisor licenses trademarks and tried and proven methods of doing business to a franchisee in exchange for a recurring payment, and usually a percentage piece of gross sales or gross profits as well as the annual fees. Various tangibles and intangibles such as national or international advertising, training, and other support services are commonly made available by the...
    678 Words | 3 Pages
  • Franchising - 1803 Words
    Steven Lacey Instructor Bradford Principles of Management 23 September 2014 Franchise Ownership When entrepreneurs are ready to start up their own business, they must first decide if they want to start up their own company or join an already existing company. One way to go into business with an already existing company is franchising. According to Entrepreneur.com, franchising is 殿 continuing relationship in which a franchisor provides a licensed privilege to the franchisee to do business...
    1,803 Words | 5 Pages
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  • FRANCHISING - 3269 Words
    FRANCHISING CHAPTER 1 History and Overview Introduction Franchising has a track record as a way to speed growth through expansion of business. Since the 1950’s, franchising has been the leading edge of business by showing impressive growth rates in overall sales and market shares. Franchising is a concept which began in the 1950's with companies like McDonald's, Burger King, Dunkin' Donuts, Kentucky Fried Chicken, Holiday Inn, Midas Mufflers and Dairy Queen. Due to abuses in the sales...
    3,269 Words | 33 Pages
  • Franchising - 6746 Words
    What is franchising? Franchising (from the French for free) is a method of doing business wherein a franchisor licenses trademarks and tried and proven methods of doing business to a franchisee in exchange for a recurring payment, and usually a percentage piece of gross sales or gross profits as well as the annual fees. Various tangibles and intangibles such as national orinternational advertising, training, and other support services are commonly made available by the entity licensing the...
    6,746 Words | 20 Pages
  • Franchising - 985 Words
    Franchising Chapter1 Objectives • Understand definition & concept of franchising . • Types of franchising . • Benefits & pitfalls of franchising . 2 Introduction • Mr. Menon an NRI ,was very happy to return to India . • He was amazed to see changes in Indian economy • What one noticed is that all these companies have expanded gradually & made their presence by franchising 3 History of Franchising • The earliest signs of franchising in the united states dates...
    985 Words | 13 Pages
  • Franchising - 934 Words
    Franchising: Definition •Franchising is an advanced form of licensing in which the (MNE) focal firm (the franchisor) allows an entrepreneur (the franchisee) the right to use an entire business system in exchange for compensation. Reasons of applying Franchising: –Expand rapidly and accelerate expansion –Lower capital demands – capitalize on the franchisee’s financial contribution –Means of tapping into the motivation and local knowledge of franchisees –Leveraging the experience gained from...
    934 Words | 4 Pages
  • Franchising - 3536 Words
    TABLE OF CONTENT Title Page 1.0 EXECUTIVE SUMMARY 1 2.0 BACKGROUND (INTRODUCTION) 2 3.0 OBJECTIVES 2 4.0 RESULTS (FINDINGS) 3 5.0 CONCLUSION 11 6.0 REFERENCE LIST 12 7.0 APPENDIX 13 8.0 PRESENTATION SLIDES 19 1.0 EXECUTIVE SUMMARY In year 1997, Secret Recipe was founded in Malaysia. It was an independent restaurant with only one outlet. The founder used it as pilot operation to test how Malaysian accepts the...
    3,536 Words | 16 Pages
  • Franchising - 469 Words
    Report Franchising Definition What is franchising? For my personal knowledge when I not yet doing this presentation. Franchise is buying others people brand to start doing business with the brand name. After I had develop information of franchising. I’m right, but the correctly, franchise is a continuing relationship in which a franchisor provides a licensed privilege to the franchisee to do business and offers assistance in organizing, training, merchandising, marketing and managing...
    469 Words | 2 Pages
  • Franchising - 910 Words
    Franchising A. What is Franchising ? Franchising is the practice of leasing for a prescribed period of time the right to use a firm's successful business model and brand. B. Franchising agreement Franchisor Franchisee Owns trademark or trade name Provides support: (sometimes) financing advertising and marketing training Receives fees Uses trademark or trade name Expands business with franchisors support Pays fees C. Type of franchise 1. PRODUCT DISTRIBUTION...
    910 Words | 7 Pages
  • International Franchising - 2646 Words
    Abstract This paper is concerned with evaluating the structure, history, cultural aspects, leading businesses, and the future of international franchising. Franchising has become an increasingly popular market-entry mode, and the use of franchise systems for expansion into international markets is expected to continue and perhaps intensify. (Arthur Anderson, 1996) These business franchises appear as hotel chains, fast food restaurants, and many others. The first section examines the...
    2,646 Words | 9 Pages
  • advatages of franchising - 655 Words
    Advantages of Franchising: 1) The business you are franchising is already successful and is a proven idea. Usually, before offering the business for franchising, the original owners have already build it up and have already made it successful. Franchising, for them, is a way to expand the business; it is not a way to build the business from a small one to a big one. 2) The brand name is already recognized and name-recall is already very easy. Plus the franchisor or the owner of the franchise...
    655 Words | 2 Pages
  • Franchising in Kenya - 974 Words
    Franchising In Rural Kenya: A Float or Drown Situation For Living Goods? Franchising as a low risk, cost effective business model for revenue generation. Franchising is one of many business models adopted by companies to generate revenue. However there is a dire need for these organizations to consider very wisely their specific business environment, market or product before jumping on a bandwagon solely because it has yielded results for other companies. This article will analyze Living...
    974 Words | 3 Pages
  • What Is Franchising? - 7585 Words
    1 Introduction The purpose of this paper is to shed some light on the concept of franchising from the viewpoint of the franchisor, discuss its different uses taking into account the advantages and disadvantages attached to them, and link these considerations to a firm’s internationalization decision-making process. 1 What is franchising ? Franchising as it is generally known today is a form of marketing or distribution in which a parent company customarily grants an...
    7,585 Words | 26 Pages
  • Franchising Starbucks - 3137 Words
    We have been required to do a research on franchising of Starbucks Coffee in Malaysia. Below is our report on it. The term franchise originated from a French word, meaning “free from servitude.” A franchise can be defined as a legal agreement in which an owner (franchisor), agree to grant rights or privileges (license) to someone else (franchisee) to sell the products or services under set specific conditions. Speaking of franchises, it is usually referring to business format franchises....
    3,137 Words | 10 Pages
  • Franchising and Domino - 5860 Words
    PROJECT REPORT ON SUPPLY CHAIN MANAGEMENT OF DOMINO’S PIZZA SUBMITTED TO:SUBMITTED BY:DR. HAIDER ALI KUMAR SHANTANU ROLL NO. 22 1 MBA(E-BUSINESS) SEMESTER IV TABLE OF CONTENTS SL NO. 1. 2. 3. 4. 5. 6 7. PARTICULARS ABOUT DOMINO’S PIZZA DOMINO’S IN INDIA MENU IN DOMINO’S COMPETITIVE STRENGTHS OF DOMINO’S BUSINESS STRATEGY OF DOMINO’S STORE OPERATIONS SUPPLY CHAIN OF DOMINO’S PAGE NO. 3 3 5 6 7 9 12 2 ABOUT DOMINO’S PIZZA Founded in 1960, Domino's Pizza is the...
    5,860 Words | 18 Pages
  • Franchising in Cameroon - 10463 Words
    EXECUTIVE SUMMARY Being at the origin of the expansion of many brands such as 21 century or McDonalds, the franchise is considered as one of the most successful marketing strategies. Well-known brands are represented worldwide with this system of commercialisation where a long-term relation between the franchisor and the franchisee is needed. The goal of this research paper is to evaluate how this concept, which showed its ability, can be promoted in Cameroon to stimulate the...
    10,463 Words | 32 Pages
  • franchising project - 1893 Words
    "WAFFLE TIME” B. History: Waffle Time started on September of 1998 which opened their first outlet in The Atrium Mall in Iloilo City. They started penetrating and opening business outlets in Metro Manila in June of 2002. This was then followed with outlets in Cebu, Cagayan de Oro, Davao and Dagupan. Because of Waffle Time’s continued success and their customers multiplying, they started offering its brand for franchising on March 2004. Since then, it started multiplying all over the...
    1,893 Words | 7 Pages
  • Franchising Research - 8327 Words
    RESEARCH ABOUT FRANCHISING INDUSTRY The Rise of Franchising Industry in the Philippines Businessmen who are in search of franchise opportunities in the Philippines have greater chances of succeeding than going bust. According to leading news website, Philstar.com, the domestic franchising industry grew by 17% from $9.4 billion in 2010 and $11 billion in sales in 2011. Franchising in the Philippines poses lower risks than starting an entirely new business for franchisees and franchisors. The...
    8,327 Words | 25 Pages
  • Franchising in China - 2401 Words
    FRANCHISING China Foto Press s of the Foreign franch ises are reaching more Chinese consumers over larger segment . country The Pros and Cons of Franchising in China US companies must jump hurdles to operate successful franchises in China, but the potential benefits are too great to ignore. William Edwards 40 July–September 2011 chinabusinessreview.com FRANCHISING W estern and local franchise brands have developed group is largely a young, upwardly mobile, and...
    2,401 Words | 7 Pages
  • Domino's Franchising - 1346 Words
    Good Morning Ladies and Gentlemen I am .............................I’m a representative for Domino’s Pizza Australia. Today I will present to you the reasons why you should invest in my franchise. I will be outlining the advantages and disadvantages of the franchise as well as a SWOT Analysis, KPI’s and I will suggest a suitable location for the franchise. But first, allow me to give you a brief overview of what Dominos does. Like all big businesses they all started out small and grew...
    1,346 Words | 4 Pages
  • Introduction to Franchising - 1341 Words
    Introduction Franchising is a method of doing business where a franchisor licenses trademarks and methods of doing business to a franchisee in exchange for a recurring royalty fee. Franchisor is the party who grant the franchise while franchisee is the one who purchase the right for franchise. This form of business has a tremendous growth in the last 50 years, started in United States in the 50s and then expanded to Europe. Nowadays, the rest of the world is beginning to implement the...
    1,341 Words | 5 Pages
  • Fashion & Franchising - 896 Words
    Essay 31.03.2011 Fashion & Franchising Data of franchising in fashion industry testifies that over 60 % networks of known trademarks are organized by a franchise principle. In nonfood trade the greatest share of franchise market in 2008 was occupied with clothes and footwear franchises (51 %). In comparison with 2007, there was registered a strong jump in development of clothes trade which made 40.5 %, and footwear trade – 84.6 %[1]. Let's consider experience of large and all known...
    896 Words | 2 Pages
  • Mcdonalds Franchising - 3163 Words
    McDonald's Corporation is the world's largest fast food chain restaurant, primarily selling hamburgers, chicken, french fries and carbonated drinks. The business was begun in 1940, with a restaurant opened by siblings Dick and Mac McDonald in San Bernardino, California. Their introduction of the "Speedee Service System" in 1948 established the principles of the modern fast-food restaurant. The present corporation dates its founding to the opening of its first franchised restaurant by Ray Kroc,...
    3,163 Words | 9 Pages
  • Law Franchising in China - 24611 Words
    American University International Law Review Volume 19 | Issue 4 Article 4 2003 Franchising in China: Legal Challenges When First Entering the Chinese Market Michele Lee Follow this and additional works at: http://digitalcommons.wcl.american.edu/auilr Part of the International Law Commons Recommended Citation Lee, Michele. "Franchising in China: Legal Challenges When First Entering the Chinese Market." American University International Law Review 19, no. 4 (2003): 949-1007. This...
    24,611 Words | 79 Pages
  • Dunkin' Donuts Franchising - 1546 Words
    ------------------------------------------------- Business Plan Executive Summary Prepared for: Potential Investors Prepared by: Brown, Skylar; Sherman, Sean; Song, Chhapon Mina; Sun, Jueiya Date: 12-02-11 ------------------------------------------------- Proposal: Dunkin’ Donuts Franchising Dunkin’ Donuts was established by Bill Rosenberg in 1950 in Quincy, MA. Dunkin’ Donuts started license franchises in 1955. It is the world’s leading baked goods and coffee chains serving more...
    1,546 Words | 5 Pages
  • BBA 6th ESBM Franchising
    Entrepreneurship & Small Business Management FRANCHISING Definition The practice of using another firm’s successful business model. According to David H. Holt: A business system created by a contract between a parent company called “Franchisor”, and the acquiring business owner called “Franchisee”, giving the acquiring owner the rights to sell goods or services, use certain product, names or brands or to manufacture certain brands. Characteristics  It is an agreement  Franchise does not...
    539 Words | 3 Pages
  • Hostel Franchising: a Pathway to Expansion
    Title: Hostel Franchising: a Pathway to Expansion Assignment topic Franchisors are innovative and entrepreneurial. Businesses wishing to profitably and successfully grow need to understand that franchising enable firms to expand more quickly and into more markets than they could otherwise manage. Word count: 2724 words. Executive summary Creating a franchise starts with the customer. The franchisor needs to identify potential customers and produce a business format which will meet their...
    3,126 Words | 11 Pages
  • Vietnam Market for Franchising - 1060 Words
    Vietnam Market for Franchising By U.S. Commercial Service – Vietnam March 2011 Overview The franchising model is popular and well-suited to a developing economy like Vietnam. Rising incomes and an emerging middle class are generating growth in consumer-driven sectors. There is considerable demand for lifestyle-oriented products and services, as well as growing interest in western-style food and beverage concepts. Franchising first took hold in Vietnam in the 1990’s with the appearance of...
    1,060 Words | 4 Pages
  • Franchising: Subway Bulgaria - 2117 Words
    1. History, activities, and the franchising characteristics of Subway Bulgaria Ltd Entering the business The experience, which Subway has on various markets around the world, proved that the master-franchise methodology is not beneficial for the brand. Master franchise means that when one person or company receives the rights for a franchise, he can operate on the territory of the whole country – to organize all training and marketing activities. On the contrary – Subway is using the...
    2,117 Words | 7 Pages
  • Subway: Franchising and China - 1918 Words
    484 Part 4 Entering and operating in international markets • Use contemporary technology to mm1m1se counterfeiting. Many firms build biotech tags, electronic signatures or holograms into their products to differentiate them from fakes. • Continuously update technologies and products. The firm that regularly renews its technology can stay ahead of counterfeiters by offering products that counterfeiters cannot imitate fast enough. Also differentiate products by emphasising a strong brand...
    1,918 Words | 7 Pages
  • Advantages and Disadvantages of Franchising - 615 Words
    Advantages and disadvantages of franchising, and advice I would give to an entrepreneur who is evaluating a franchise opportunity The advantages for the franchisee The franchisor franchisee relationship is symbiotic-each party provides the other something beneficial it would not have been able to provide for itself. Both gain so both must contribute. The franchisor’s best interest is having each of its outlets succeed, and because of this, the franchising firm provides a number of advantages...
    615 Words | 2 Pages
  • Student: Franchising and Teaching Notes
    IM for Lovelock & Wirtz, Services Marketing 6/e Teaching Notes for Cases - Section 5 45 CASE 6 AUSSIE POOCH MOBILE OVERVIEW After creating a mobile service that washes dogs outside their owners’ homes, a young entrepreneur has successfully franchised the concept. Her firm now has more than 100 franchisees in many parts of Australia, as well as a few in other countries. In early 2002, she and her management team were debating how best to plan future expansion. STUDY QUESTIONS How...
    9,755 Words | 35 Pages
  • Franchising and Mama Bear - 1084 Words
    Pamantasan ng Lungsod ng Maynila (University of the City of Manila) Intramuros, Manila GRADUATE SCHOOL OF MANAGEMENT PRINCIPLES OF MARKETING MAMA BEAR – CASE ANALYSIS VIEWPOINT Mama Bear Child Care Center – Mylene Bartolome, Antonette Evangelista, Mary Rose Ang and Alalyn Ramos. TIME CONTEXT Last quarter of year 2010. I. PROBLEM STATEMENT How can “MAMA BEAR” strategically expand their customer reach? II. STATEMENT OF THE OBJECTIVE To gain additional market segment...
    1,084 Words | 5 Pages
  • Entrepreneurship, Franchising and Small Business.
    Introduction to Business Assignment #01: On Chapter #3 & #4 Chapter #3: Entrepreneurship, Franchising and Small Business. 09. Why would a person want to own a franchise of a major well-known franchisor? 10. What is an intrapreneur? Why do some firms encourage intrapreneurship? Chapter #4: Social Responsibility and Business Ethics. 09. Why is insider trading illegal? Chapter#3: Entrepreneurship, Franchising and Small Business Question #09: Why would a person want to own a...
    1,447 Words | 6 Pages
  • franchising form example - 945 Words
    Applying for a Yellow Cab Restaurant franchise may be one of your best and critical business decisions as an entrepreneur. Kindly follow the procedures below: 1. Fill up the enclosed Franchise Application Form completely. Send or fax it, along with your Letter of Intent to: FRANCHISING & SITE PROCUREMENT YELLOW CAB FOOD CORPORATION Under the: PANCAKE HOUSE GROUP 5484 South super Highway, Makati City 1233 Telephone: (02) 856-1234 or 856-6123 2. We will contact you to confirm your...
    945 Words | 10 Pages
  • Benefits of Franchising System in Turkey
    Benefits Of Franchising System In Turkey BENEFITS OF FRANCHISING SYSTEM IN TURKEY Franchising system has lots of adventages for economic growth of Turkey such as it creates job opportunity , competition improves the domestic campanies and global campanies brings many adventages. 3.1.Introduction .3.1.1Job Opportunity A.Working people rate increased in Turkey 1.Number of Franchisors in Turkey...
    1,632 Words | 11 Pages
  • Franchising- Dominos Pizza - 5554 Words
    Growth and Diversification Strategy of Domino’s Pizza Masters of Commerce (Accounts) 2013-2014 Semester I Submitted In Partial Fulfillment of the requirements For the Award of Degree of Masters of Commerce – Accounts By University of Mumbai SIES (Nerul) College of Arts, Science & Commerce CERTIFICATE This is to certify that Master. of M.Com Accounts Semester I (2013-14) has successfully completed the project on Growth and Diversification Strategy of Domino’s Pizza under the...
    5,554 Words | 19 Pages
  • The Advantages and Disadvantages of Franchising in France
    The Advantages and Disadvantages of Franchising in France 1 Running head: International Trade: Licensing and Franchising The Advantages and Disadvantages of Franchising in France Presented by: Deon E. Boswell Of Team McWorld University of Maryland University College AMBA606 November 4, 2005 The Advantages and Disadvantages of Franchising in France 2 Executive Summary The tremendous growth in franchising over the last decade can be traced directly to the explosion of growth in...
    2,394 Words | 6 Pages
  • Franchising Cold Stone Creamery
    Case Study 2 – Franchising – Cold Stone Creamery Small Business Management August 27, 2013 1.) Who is Cold Stone Creamery? Cold Stone Creamery is an American based ice cream parlor chain. Cold Stone Creamery is based out of Scottsdale, Arizona and is owned and operated by Kahala, LLC. Cold Stone Creamery is one of the most talked about ice cream companies in the world. Cold Stone Creamery is known for serving premium ice cream at affordable prices for well over 25 years. The quality...
    646 Words | 2 Pages
  • Franchising and Assignment Questions - 276 Words
    Assignment 7 (20 points) Assignment 7: Business and Society Instructions Save this file in your course folder, and name it with Assignment, the section number, and your first initial and last name. For example, Jessie Robinson's assignment for Section 1 would be named Assignment1JRobinson. Type the answers to the assignment questions below. Use complete sentences unless the question says otherwise. You will have more than one day to complete an assignment. At the end of each day, be...
    276 Words | 2 Pages
  • Advantages and Disadvantages of Franchising - 756 Words
    Contents 1 Definition of Franchising 2 Businesses for which franchising works best 3 Advantages 4 Disadvantages Definition of Franchising Franchising refers to the method of practicing and using another persons philosophy of business. The "franchisor" authorizes the proven methods and trademarks of his business to the "franchisee" for a fee and a percentage of gross monthly sales. Various tangibles and intangibles such as national or international advertising, training, and other...
    756 Words | 3 Pages
  • Franchising and Convenience Store - 928 Words
    I. Introduction Company Background MINISTOP is a convenience store franchise chain in Japan. It was established in May 1980 as a wholly-owned subsidiary of Jusco Co., Ltd. with an initial capitalization of 30 million yen. By year July 1980 they open its first store in Okurayama in Yokohama, Japan. MINISTOP's network breaks the 100 store mark with 80 franchised Stores and 20 stores directly managed by year May 1985. The first MINISTOP overseas store opens in Seoul, South Korea by November...
    928 Words | 4 Pages
  • Htt 200 Week 4 Franchising
    Week 4 Assignment - Franchising Jerami West HTT/200 Sunday May 6th 2012 John Laches Week 4 Assignment - Franchising There are many resources available in this day and age to help assist someone who is thinking about franchising a business. One of the best resources that I have come across is a website for the International Franchising Association. This website has many tools available for anyone that may be interested in franchising a business. There are 7 main sections of information on...
    790 Words | 3 Pages
  • Advantages and Disadvantages of Independent Reps and franchising
    Advantages and Disadvantages of Independent Reps Advantages No sales force maintenance expenses. The travel expenses of a salesperson can be as high as his or her salary. Even phone expenses can be staggering. Therefore, the most obvious advantage to employing independent sales representatives to sell your products or services is that you won't be incurring the expense of maintaining a sales force. There are, however, other advantages that are just as compelling. Longevity A...
    4,933 Words | 18 Pages
  • Problems Encountered in Food Cart Franchising
    A food cart is a mobile kitchen that is set up on the street to facilitate the sale and marketing of street food to people from the local pedestriantraffic.[1] Food carts are often found in large cities throughout the world and can be found selling food of just about any variety. Food carts come in two basic styles. One allows the vendor to sit or stand inside and serve food through a window. Another uses all of the room inside the cart for storage and to house the cooking machinery, usually...
    5,482 Words | 14 Pages
  • Franchising: Business Formula of the 21st Century
    FRANCHISING: BUSINESS FORMULA OF THE 21st CENTURY ABSTRACT The major purpose of the present research report is to present and analyze franchising as an alternative growth strategy for tourism enterprises that combines a variety of products, services and corporate strategies. Special emphasis is laid on the essential characteristics of franchising as a specific business model for company growth and development. With a view to its specific features, franchising is considered to be one of...
    3,849 Words | 13 Pages
  • Chapter 2 Franchising a convenience store
    CHAPTER 2 Review of Related Literature and Studies Local Literature According to Samie Lim, from the article of Business Today (Feb. 18, 2008) Franchising is considered a powerful tool for economic development. It creates thousands of enterprises as well as millions of jobs. It also helps fuel the growth of entrepreneurship. Samie Lim, chairman emeritus of the Philippine of the franchise Association and also a chairman of francorp Philippines, shares that here are three major reasons why...
    2,312 Words | 7 Pages
  • List and describe three major advantages of franchising for the franchisee
    List and describe three major advantages of franchising for the franchisee. 1. The most valuable advantage to a franchisee is that you are selling a proven product or service. (Hatten 112) Having a product or service that customers are aware of, they know the name and they know what to expect, is essential for a franchisee. 2. Franchising often gives the franchisee important pre-opening and on-going support. Such as marketing expertise, financial assistance to professional guidance....
    1,048 Words | 3 Pages
  • Modern Management Forms of Franchising Policy on the Business Enterprise
    MODERN MANAGEMENT FORMS OF FRANCHISING POLICY ON THE BUSINESS ENTERPRISE The present investigation focuses on modern classification of franchise business forms and attempts to clarify the framework of the most commonly used of them. Franchising has been developed since 1851 and today is an attractive practice of using another firm's successful business model. As a developing form of relationship between market actors, franchising presupposes the existence of two parts: the franchisor...
    772 Words | 3 Pages
  • China: Franchising Industry Access Dynamic and Emerging Markets
    CHINA: Franchising Industry Commercial Service – The JLJ Group US Access Dynamic and Emerging Markets China Franchising Industry Page 1 of 23 The JLJ Group September 2007 INTRODUCTION The objective of this report is to provide an overview of the Chinese franchise market1 with focus on four sectors: food & beverage, apparel, education, and fitness, beyond the already established cities of Shanghai, Beijing, and Guangzhou. EXECUTIVE SUMMARY Market overview. There are an estimated 2,600...
    12,648 Words | 44 Pages
  • Micro-Franchising:- An innovative approach in Micro-Finance
    Micro-franchising :-An innovative approach in Micro-finance BY MS.SIMRANJEET KAUR ( Assistant Professor) Email id : decentsimmi@gmail.com MS.PALLAVI DUA (Assistant Professor) Email id :duapallavi@gmail.com SHRI ATMANAND JAIN INSTITUTE OF MANAGEMENT AND TECHNOLOGY, AMBALA CITY ABSTRACT Entrepreneurship is a key factor for economic development and one of the most recent tools...
    3,354 Words | 12 Pages
  • Effective International Marketing in Globally Franchising Firms.
    EFFECTIVE INTERNATIONAL MARKETING IN GLOBALLY FRANCHISING FIRMS. Overview The decision to take a company outside the the company’s origin involves careful analysis of risk and benefit factors, consideration and selection of potential markets, planned market entry, and development of market penetration over time. While this can be done through a number of strategies, franchising is a growing means of achieving international presence. DECIDING TO FRANCHISE INTERNATIONALLY With the increase...
    3,108 Words | 9 Pages
  • Collaboration, Management Contract, and Franchising in the Hospitality and Tourism Industry
    COLLABORATION Definition Collaboration is a form of business alliance that involves individual business enterprises to work together towards achieving a common objective. These can be marketing, sales, crisis management, financial or any other form of business objectives. Key features of collaboration 1. Synchronous collaboration. This majorly entails online networking and instan messaging. 2. Asynchronous collaboration that include sharing of business assets like...
    1,879 Words | 14 Pages
  • Should Tensek and Pacek consider franchising over organic growth?
    Question 1: Should Tensek and Pacek consider franchising over organic growth? I think the company should consider franchising instead of organic growth. The most valid reason in my opinion being that they can achieve significant growth without having to invest a lot of personal capital. The journey of organic growth, in the long run could lead to exponential success, but from starting with one store, all capital (and profits from sale) will be tied into slow, methodic expansion. By...
    522 Words | 2 Pages
  • Subway Franchise - 512 Words
    Subway Franchise DF July 28, 2012 Subway was founded by Fred DeLuca and Peter Buck in Bridgeport, Connecticut in 1965. At the time the name was Pete’s Super Submarines. The loan that Deluca received from Buck was for the sum of $1000.00. Having the submarine shop open for a few years the founders changed the name to Subway this is when they began the franchise in 1974. To begin in the Subway franchise the fee is $15,000.00. There is an ongoing royalty fee of 8% and the term of the...
    512 Words | 2 Pages
  • Value Chain - 1258 Words
    1.0 Introduction Domino’s Pizza operates a network of more than 9,000 owned and franchised stores throughout the U.S. and more than 65 international markets. Domino’s is the world’s largest pizza delivery company committed to leading the industry in product, quality and operational excellence. Domino’s Pizza is regarded by the industry as being the pioneer of pizza delivery and the undisputed “The Pizza Delivery Experts”.As at April 2011, there are 57 Domino’s Pizza stores; 42 in Klang Valley,...
    1,258 Words | 4 Pages
  • Kabloom BSAM - 904 Words
    Written Report Assessment o Symptoms (Brainstorm – find 15+ symptoms; list 5 symptoms) 1. Decentralization of his business led to his unawareness of many problems throughout the franchise 2. Loss of Profit due to bad decisions 3. No Manager Power led to customer dissatisfaction 4. Poor Hiring Criteria because of employee role confusion 5. Expensive distribution 6. Shrinkage of Inventory 7. Bad flower quality 8. Inconsistent Growth 9. Lack of exploitation of the market...
    904 Words | 4 Pages
  • blair case study - 1083 Words
    Sam Moore 10/2/2014 BA 5401 Case Analysis – Martin Blair This week’s case focuses on restaurant owner Martin Blair’s two recently opened establishments, Pizzetta and Viva Italia, and concludes with Blair wrestling with the idea of expanding his business and opening more establishments in the Charlotte area. Particularly, he is considering expansion by franchising of either, or both restaurant concepts. Blair is thorough in his evaluation of the climate for expansion, and has done ample...
    1,083 Words | 3 Pages
  • rwag - 271 Words
    Wing-Stop Restaurants. background info- Wingstop was founded in 1994 in Garland, Texas. It began offering franchises in 1998. Since then, Wingstop has grown into a chain with more than 650 restaurants either open or in development.[1] The chain has its headquarters in Dallas, Texas. Wingstop is ranked at 77 on the top 500 franchises. It was privately owned until it began franchising. Industry- Food industry Cost and fees and Qualifications- Startup Costs, Ongoing Fees and Financing Total...
    271 Words | 1 Page
  • Franchise - 15353 Words
    Franchising: a literature review on management and control issues Sofie Verbieren Lessius – KU Leuven Research Assistant Accounting Lessius University College Katholieke Universiteit Leuven Department of Business Studies Faculty of Business & Economics Korte Nieuwstraat 33 Naamsestraat 69 2000 Antwerpen – Belgium 3000 Leuven - Belgium E-mail: Sofie.Verbieren@econ.kuleuven.be Phone: +32 16 32 65 47 or +32 3 201 18 74 - Fax: +32 16 32 67 32 or +32 3 201 18 42 Research interests:...
    15,353 Words | 78 Pages
  • Snap Fitness - 1516 Words
    Why Snap Fitness Is Your Right Choice Starting your own business is a big decision. As you consider options, here are four factors that make us a proven business model with a history of success: The Fitness Franchise Opportunity is a Growing Industry Fitness is in. The percentage of people belonging to health clubs and gyms has doubled over the past 20 years. More growth is expected, fueled by an aging Baby Boomer generation in search of eternal youth and the reality that regular exercise can...
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  • Mango - 1965 Words
    Ozge Deniz Aydogan MANGO Mango is a Fashion Brand Textile Company which was founded on 1984 in Cataluña, Barcelona – Spain by the Turkish “İsak Andic Ermay” who born & grew up in Istanbul and who immigrated from Turkey to Spain with his family when he was only 14 years old. In only a short period of 26 years he made his brand spread in 100 countries with 1.700 storesAnd approximately 2 million euros of profits. Nearly all his dreams came...
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  • identify 4 types of ownership
    Franchise A franchise is a large international business and examples of franchises are: McDonalds, Kfc, and Topshop. The advantages of owning a franchise • Owning a franchise lets you go into the world of business for yourself, but you won’t be by yourself. • The franchise you chose to open provides you with a certain level of independence where they can operate their business. • Opening a franchise provides you with customers that already enjoy the widespread brand-name and that benefits...
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  • Business Plan - 2468 Words
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  • Martin Blair Case Study
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  • McDonald - 4181 Words
     E-Business Plan for McDonald Corporation (Part Two) Strategic Analysis and Market Justification An international opportunity Companies of all sizes go international for different reasons, Deresky (2011) stated that the threat of their own decreased competitiveness is the overriding reason many large companies want to move fast to build strong positions in key world markets (p. 198). Deresky (2011) also suggested many multinational corporations...
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  • Research Paper - 519 Words
    Describe the advantages and disadvantages for Applebee’s to franchise, as a franchisor. Listed below are the advantages: * Obtain operating efficiencies & economies of scale * Increase market share and build brand equity * Rapid growth and development * Lower dependence on own capital for growth * Reach the targeted consumer more effectively through corporative advertising and promotion * Build customer loyalty * Sell products & services through a...
    519 Words | 3 Pages
  • Franchise Cake Shop - 296 Words
    MONGINIS – THE CAKE SHOP Executive Summary: The Monginis brand name originated over 100 years ago, when 2 Italian brothers set up a catering firm in south Mumbai. It manufactured and distributed savouries, pastries, cakes, birthday gateaux, cookies, breads and other bakery items. Products were divided into two main categories: (1) Pastries and Cakes, and (2) Savouries. . In 1971, for the first time in India, a plan of having an exclusive franchise cake shop was conceptualized. Mr. H.T....
    296 Words | 1 Page
  • Problems Encountered in Food Cart Business
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  • Chapter 4 Summary Fast Food Nation
    Eric Schlosser starts chapter with Matthew Kabong who works for the Little Caesars Pizza in Pueblo, Colorado. Eric is one of workers who work for Dave Feamster. Feamster played hockey for Black Hawk before he got an accident during a hockey game. “Feamster was struck from behind by Paul Holmgren,” (93) so he couldn’t play hockey anymore because “the cracked bone didn’t heal.”(93) Therefore, he becomes a franchisee for the Little Caesars Pizza. The author, Schlosser, is very successful by leading...
    449 Words | 2 Pages
  • Mike Bellobuono - 1011 Words
    The write-up case: Mike Bellobuono Recommendation: In my opinion Mike Bellobuono should not choose to franchise. If Mike accepts Fred Deluca’s offer and franchises there are some risks that Mike must consider. One of the risks is that Bagelz could end up being an extension of Fred Deluca’s empire and in the worst case scenario Mike could lose control of the whole operation. All employees in Bagelz should have the same guidance and they should be aware of the company’s goals and values. It...
    1,011 Words | 3 Pages
  • Advantages And Disadvantages Of Being A - 638 Words
    ADVANTAGES The main advantage of being a franchise is that the company is already well known and people trust it while no one knows of Deb’s café yet because it hasn’t gone viral. The company will tell her the best place to locate her business it will be a better. Franchises offer important pre-opening support: Site selection Design and construction Financing Training Grand-opening program Franchises offer on-going support: Training National and regional advertising Operating...
    638 Words | 7 Pages
  • Franchise vs. Business Opportunity
    To the untrained eye, franchise and business opportunity investments look pretty much the same. Both invite you to purchase a package of goods and services and business concepts. Both offer you the chance to capitalize on a business idea that has already proved to be successful. Both provide some training, handholding and access to a valuable marketplace. In reality, though, there are huge differences between the two concepts. While these fundamental distinctions sometimes appear subtle,...
    1,969 Words | 6 Pages
  • Feasibility Study - 3943 Words
     The Layer Cake Bakery By Helene Hoeg Kroeger & Mie Sunke Course: Franchising and Small Business Instructor: Anthony Grace Student no.: S2960125 & S2960789 Date: 14th of October 2014 Executive summary The Layer Cake Bakery is a company that daily sells cakes, breads or sandwich in every possible occasion of the day. The Layer Cake Bakery is one of Denmark’s biggest and most popular bakeries. The reason for the company’s big success is their ability to make...
    3,943 Words | 14 Pages
  • Siomai Co. Term Paper
    Introduction The franchise business has been around a long time; in fact they go back as far as the 1850’s. The notion of selling off a business or a part of a business in order to expand into new areas usually came from the lack of investment funds from the business owner. While the business of franchising has grown over the years it all had to start somewhere. The concept of franchise businesses started with the Singer Sewing Machine Company in the 1850s. Isaac Singer had two problems that...
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  • Case Study Page 209: Overbooked: the Front-Office Perspective.
    Case study page 209: Overbooked: The Front-Office Perspective. Overbooking? The case discusses what could be done, the possible alternatives and solutions that person can do in order to fix the problem of overbooking, in this case it is from a Front-Office Perspective. Personally if I had to face a similar situation I would have several options to follow and do. First issue is when guests are doing booking to rooms. This part of the booking process is the most important process, in...
    511 Words | 2 Pages
  • Bonia - 7837 Words
    1.0 Introduction Bonia Corporation Berhad was established by Mr. Chiang Sang Sem in 1974 and it was listed on the Second Board of Kuala Lumpur Stock Exchange (KLSE) in 1994 and listed on the main market of Bursa Malaysia in 2007. He set up the business that mainly focused on designing, manufacturing and wholesaling of leather merchandise. Nowadays, Bonia has a set of connections over 1000 outlets and 130 standalone boutiques all over the world such as Singapore, Malaysia, Japan, Taiwan, China,...
    7,837 Words | 25 Pages
  • Researh Paper - 420 Words
    From its humble beginning as the neighbourhood bakeshop, Julie’s Bakeshop has turned into one of inspiring success story. With constant brand mixing and innovation, Julie’s Bakeshop is now on its 30th year in the business of providing quality and freshly baked breads and pastries. Julie’s Bakeshop History Diegs and Julia Gandionco established Julie’s Bakeshop in 1981. The couple were able to systematically use effective business strategies to build its name. Julie’s Bakeshop was able to...
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  • Rubbish Boys - 772 Words
    Should Scudamore franchise? Will his first franchise be successful? Yes, Scudamore should franchise his business because franchising would be the right direction for him. Rubbish Boys is still in the early stage of its business growth with only operations in Vancouver and Victoria. In this early stage, capital is typically scarce and rapid growth is needed to achieve brand recognition and economies of scale. From the case, Scudamore had been talking all about growth and really wanted to...
    772 Words | 3 Pages
  • Successful Factors of Little Sheep in China
    Little Sheep, the China's leading hot pot chain, operates about 480 restaurants in China, Japan and even in North America nowadays. The success of the business and its rapid growth in the past decade can be contributed by 3 factors: (1) strong desire for achievement of the founder, Zhang Gang; (2) economic reform programs launched in China since 1980s causing the significant increase in GDP per capital; (3) partnership with 3i in order to strengthen its industry expertise and management team....
    642 Words | 2 Pages
  • economi issue - 2209 Words
    CHAPTER ONE INTRODUCTION 1.1. Background of The Study In the early of 1970, Franchise as a business format known in Indonesia started the pioneer such as KFC, Pizza, Coca-Cola and McDonals entered franchise market in Indonesia, journal of Bank Indonesia (2009). The concept of franchising recently has become one of the trend of modern economy that gave a new color for economic sector especially in Indonesia. Since foreign franchise entered the market of Indonesia, the concept of franchise...
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  • Domino Pizza 2013 10k
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) x|ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934| For the fiscal year ended December 30, 2012 or |TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934| Commission File Number 001-32242 Domino’?s Pizza, Inc. (Exact name of registrant as specified in its charter) | | | DELAWARE|...
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  • Domino's Pizza - 11554 Words
    9 - 5 12 - 00 4 REV: MARCH 19, 2012 "One time permission to reproduce granted by Harvard Business Publishing, 10/9/2012" DAVID E. BELL PHILLIP ANDR EWS MARY SHE LMAN Domino’s Pizza Before 2007, wheat prices didn’t have a pulse. We’d buy for the next six months and the price would be plus or minus 10 cents a bushel over the last six months. Then one day in 2008 wheat shot up $24 a bushel! Now, as a norm, we strategically consider corn, dairy, and wheat to better leverage our supply...
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  • business organizationa and adr - 1362 Words
    Running head: BUSINESS ORGANIZATION AND ADR Business Organization and ADR Jennifer Sanders Business Law 575 November 18, 2013 Professor Natalie Brown Business Organization and ADR When starting a business as an entrepreneur involves the process of decision-making of several or one specific entity to assist with determining which type to form “such as,” general, limited, cooperative, joint partnership, a franchise, or sole proprietorship. However, determining the type of business to create...
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  • Starting From Scratch Or Buying An Existing Business
    Starting From Scratch Or Buying An Existing Business If you're about to have a business, you'll think about how to get it, by staring a new one or buying an existing one. Anna Bryant bought an existing salon when she had the chance instead of starting her own. The reasons for that are because she had no business experience or skills but she believes that she have the capabilities to run this salon, also she's an entrepreneur for the first time and this will save her the time of the...
    1,595 Words | 5 Pages
  • Writing Up Controlled Assessment Invest
    Writing Up Controlled Assessment Investigation One TASK 1 Front cover with: Your name GCSE BUSINESS STUDIES CENTRE NAME: ST JAMES CENTRE NUMBER: 12278 CANDIDATE NUMBER Controlled Assessment B Deb’s Café Some pictures Page number your document. Make sure you use the same font of the same size throughout. The exception is headings which can be larger. Only include the actual headings suggested (which are in bold and underlined) and not Task 2, 3 etc. There are marks for punctuation, spelling,...
    1,249 Words | 4 Pages
  • Franchise of Ecowash Mobile - 1593 Words
    Entrepreneurship Australia, the Earth’s driest inhabited continent, has been enacted water restrictions in respond to water shortage. Therefore, Car owners have started seeking a new way to keep their cars clean and help local thirsty climate. Under this severe water shortage environment, two founders, Jim Cornish and Stewart Nicholls discovered a great potential car wash market. In March 2004, Jim Cornish and Stewart Nicholls established Ecowash Mobile in Sydney, which is a waterless car wash...
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  • Aussie Pooch Case 9
    Case 9 Aussie Pooch Mobile 1. How did Christine Taylor succeed in evolving the local dog-washing service she developed as a teenager into an international franchise business? Christine turned her childhood job into an international franchise by having a few strengths to set her apart from others, one she had a brand and concept that had a few competitors at the time. Also she was able to understand what the customer wanted because of her early exposure to customer service skills. Plus she...
    905 Words | 3 Pages
  • Professional Communication - 3533 Words
    Should Black Entrepreneur’s buy into MR Franchises? Prepared By : Rivoningo Shitholani and Shannon StronachPrepared For : Mr. Axel Le Rait (President of Association of Motor Dealers and Repair Workshops in South Africa) | The Association of Motor Dealers and Repair Workshops in South Africa | Mzanzi Radiator’s Franchising System | 17 August 2012 Mr Axel Le Rait The President Association of Motor Dealers and Repair Workshops in South Africa Cape Town 8400 Dear Mr Le Rait Report on...
    3,533 Words | 13 Pages
  • Subway Analysis - 2275 Words
     Business Organization Selection: Subway has now become the world’s largest fast food chain in the world, overpassing McDonalds with over 39,500 restaurants in 102 countries. I felt that the success of this business and the motivating story behind founder Fred DeLuca, this was a very aspiring business to select. Deluca and a family friend opened up a sandwich shop in 1965 with only a loan for $1,000. DeLuca hoped the tiny sandwich shop would earn enough to put him through college. After...
    2,275 Words | 7 Pages
  • McDonald Culture - 4984 Words
    “RAY KROC – CULTURAL IMPACT OF MCDONALD’S” QUEST CLUB FORT WAYNE COUNTRY CLUB MARCH 15, 2013 JOHN O. FEIGHNER 10976/009/00173176-3SLS RAY KROC – CULTURAL IMPACT OF MCDONALD’S My assigned topic – Ray Kroc – Cultural Impact of McDonald’s – was a curious assignment for a trial lawyer. As I commenced my research, I wondered if my fellow Quester who assigned the topic wanted me to focus on Ray Kroc’s development of McDonald’s and the cultural impact his restaurant empire had on the...
    4,984 Words | 19 Pages
  • Christine Taylor Succeed - 389 Words
    How did Christine Taylor succeed in evolving the local dog-washing service she developed as a teenager into an international franchise business? Christine Taylor grew up as a child in a physical environment that allowed her to succeed. She worked in a bait and tackle business that was owned by her parents in which the only thing acceptable was hard work. This environment allowed her to study hard in school and create a drive within her to succeed. Through her studies and research, you...
    389 Words | 2 Pages
  • Marks and Spencer Case Study
    1 2 3 4 5 6 7 8 9 10 11 CS1208 The Association of Business Executives Advanced Diploma 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 INTERNATIONAL BUSINESS CASE STUDY Marks & Spencer plc afternoon 2 December 2008 This is an open-book examination and you may consult any previously prepared written material or texts during the examination. Only answers that are written during the examination in the answerbook supplied by the examination centre will be...
    6,904 Words | 22 Pages
  • Ways to Enter Foreign Markets
    What are the various ways to enter a foreign market? Selecting the mode of entry into a particular export market is one of the crucial decisions to make. The entry method has significant implications for a wide range of international marketing concerns. When choosing an entry method, the exporter should consider the similarity of the foreign market to the home market, level of service required, tariffs and shipping, lead time requirements, brand awareness, and competitive advantage. There...
    794 Words | 3 Pages
  • The Post-American World - 901 Words
    Franchising Vs. Licensing Jacoby Ponder Reading this article I could only have one thing in mind as a small business owner myself, and that was to discuss options other then buying. Based on the reading as well as my own research this is what I came up with Franchising? Or Licensing. Franchising vs. Licensing: An Example Franchising: Some fast-food chicken franchises cost more than one million dollars to get into, a LFC store costs as little as $150,000 to establish a planned restaurant,...
    901 Words | 3 Pages
  • Thesis: Chapter2 and 3 - 1778 Words
    CHAPTER II REVIEW OF RELATED LITERATURE Franchising is defined as a business model wherein the owner of the business (franchisor) gives the independent operator (franchisee) the right to distribute his product, apply his business techniques and use his brand and/or trademark in the conduct of the business. With such a business model, the business owner can maximize their business’ profit potential in a shorter time compared to other more traditional business models. In franchise business, it...
    1,778 Words | 6 Pages
  • Unit 8 Business And Society
     Introduction to Marketing Unit 8: Business and Society Portfolio (20 Points) In Unit 8, you learned about business and society. Now, you'll apply what you learned. 1. Describe at least one global trend that you think offers a business opportunity in the global marketplace. (1-5 sentences. 2 points) Answer: Cell phones, computers, and xboxs are just naming a few global trends that offers the business opportunity in the global marketplace. 2. Describe at least three risks a company...
    515 Words | 3 Pages
  • Types of Organization in the Private Sector
    Task 1: Written Report Submission date: 08/04/2013 The learner has been given a position of business coordinator at EUCC who will study Environments by using the tools and techniques for the purpose and demonstrate his/her Understanding of the concepts. 1.1 Identify the purposes of different types of organisation by stating their categories, Aims and objectives (AC 1.1) * Types of organisation in the private sector: Typical sole traders include tradesmen...
    1,026 Words | 4 Pages

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Tod Williams | 姜恩卓 | Megamente