AS Business
Franchises
Something beginning with….
Today
• Revise what we
covered
yesterday
• Understand what
a franchise is and
how they work
• Research
different types of
...
Franchising
and
Business
Start-ups
There is another way…
The basic idea
Franchisor grants
a licence
(franchise) to
another business
(franchisee) to
allow it trade
using the brand ...
Franchise Costs
• In addition to the usual
operating costs (e.g. staff,
rent, gas & electricity)
• Initial fee: £5k – 200k...
Choose a Franchise
• Download the Franchise research sheet from
Firefly
• Pick a company and research their franchise
deta...
Homework
• Complete the case
study on Domino’s
Pizza on page 13 of
your text book
• Due in: Tuesday 17th
September
• Make ...
Today
• Revise what we
covered
yesterday
• Understand what
a franchise is and
how they work
• Research
different types of
...
Advantages and Disadvantages
• It’s not that
easy…
• List as many
advantages
and
disadvantages
that you can
think of for
t...
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As business studies franchises

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As business studies franchises

  1. 1. AS Business Franchises
  2. 2. Something beginning with….
  3. 3. Today • Revise what we covered yesterday • Understand what a franchise is and how they work • Research different types of franchises
  4. 4. Franchising and Business Start-ups There is another way…
  5. 5. The basic idea Franchisor grants a licence (franchise) to another business (franchisee) to allow it trade using the brand / business format
  6. 6. Franchise Costs • In addition to the usual operating costs (e.g. staff, rent, gas & electricity) • Initial fee: £5k – 200k • Service fee: % of sales (5- 20%) • Advertising levy: joint pot to fund brand promotion • Mark-ups: may have to buy stocks from franchisor O2 is expanding in the UK via franchised shops
  7. 7. Choose a Franchise • Download the Franchise research sheet from Firefly • Pick a company and research their franchise details on the company website. • Use the information to complete the table below. • Use bullet points and pictures where necessary, but don’t cut and paste text. Make sure you provide as much information as possible. • Once you have completed your research, print it out and come back to the lesson ready to explain what you think of the franchise opportunities with your chosen company.
  8. 8. Homework • Complete the case study on Domino’s Pizza on page 13 of your text book • Due in: Tuesday 17th September • Make sure that you answer questions in detail = 2 sides of A4 • Analyse = discuss advantages and disadvantages of an idea
  9. 9. Today • Revise what we covered yesterday • Understand what a franchise is and how they work • Research different types of franchises
  10. 10. Advantages and Disadvantages • It’s not that easy… • List as many advantages and disadvantages that you can think of for the franchisor and franchisee

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