Franchise Essay

Franchise Essay
–MICHELL GEORGE
HOW IS A PRIVATE LTD. DIFFERENT FROM A FRANCHISE?
Franchise:
It is the authorization or a license given to an individual or a group by a government or company allowing them to carry out commercial activities.
Examples of franchise would be providing a broadcasting service or acting as an agent for a company's product. Franchising is one of the three
strategies that businesses use to gain market share. Companies that want to give a good image of their products to their customers, use franchising. It is
also a method used to satisfy customer needs. An advantage of franchising would be, having a certain level of independence.
Some real – life examples are:–
McDonald's
Johnny Rocket's
Dominos Pizza
7 – Eleven
Subway
Objectives:–
пѓ ... Show more content on Helpwriting.net ...
There are usually restrictions on where you operate, the products you sell and the suppliers you use.
You don't necessarily need business experience to run a franchise.Bad performances by other franchisees may affect your franchise's reputation.
Private Limited Company:
A Private Ltd. is different from Sole Traders and Partnerships. It is owned by between 2 to 50 shareholders; often members of the same family. It has a
separate legal identity – in the eyes of the law. The 'Private' in Ltd. means that people have to be invited to own shares. They have limited liability; this
means if the company has debts, the owners can only lose the original money they invested.
Some real – life examples are:–
Warburton's – The Baking Firm
New Look Retailers LTD– The Retail Store Chain

Objectives:–
пѓ Optimizing profits
пѓ Reporting financial data with clarity
пѓ Selecting the proper organizational structure to limit liability and to protect company policies
A Private Company has a separate legal entity. It has a common seal and can enter into contracts by affixing its seal. Members of the company can also
enter into contract with the
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Advantages And Disadvantages Of Modes Of Entry
Because there with the modes exports, a firm must have many bureaucratic things to do with the government.
The export mode does not allow closer control over production, marketing, and other business operations so to get over control a firm must use the
mode of JVS.
There is going to be better domestic market information provided by domestic JV partner.
The major benefit of joint ventures is that the contributors of intermediate inputs get a claim on any residuals. This theory implies that international
joint ventures would be undertaken when other modes of entry such as direct foreign investments and corporate acquisitions are costlier.
(Janakiramanan, 2004)
So, exports and other entry modes can be costlier than JV and this is going to be related to the JVs.
But of course, there is also some kind of disadvantages compared to the exports. The major of disadvantage is a conflict of interest which cannot be
found in the modes exports. For instance, issues such as profit shares amount invested, management of the business and marketing strategy can occur if
there is no well–structured agreement. The thing is to be careful about the selection of the partner so that the risks are minimized. As said the
formulation of the contract is the key ... Show more content on Helpwriting.net ...
But beyond the immediate legal reasons, it makes good business sense to test the concept before franchising it. Joint ventured locations between a
franchisor and its future master franchise partner can test such things as customer tastes, location development, staffing, and sources of supply through
the "test kitchen" of a jointly owned and operated unit. While the franchisor may give up an immediate development fee and royalty stream it will gain
a valuable understanding of the best business practices for transferring a business concept to a new country. (Pearce,

Why Franchise? Why Subway
Why Franchise.
Franchising has attracted some 34,000 people in the UK to invest in their future in self employment. Here are 15 reasons why franchises offer an
attractive business opportunity.
1.Established brand value.
Prior to launching a franchise, the franchisor has developed and established attractive and meaningful branding for the operation, and as the network of
franchisees expands the national recognition of this brand grows. When a franchisee enters into a mature franchisee network, they will benefit from the
national name recognition the brand has built when it comes to their own marketing initiatives, while even new launch franchises have invested in
professionally designed and intellectually protected branding to ... Show more content on Helpwriting.net ...
Some franchisors even establish mentor programmes, where more experienced franchisees provide practical advice and guidance to new launch
franchisees.
11.Economies of scale.
By joining a national network of franchisees, franchisees are becoming part of a large group of buyers with the ability to negotiate preferential prices
from suppliers and generate other economies of scale, such as in delivery charges. Franchisees may even be able to secure exclusive access to a
product or service.
12.Referral business.
The standardised nature of a franchised business 's product or service means that franchisees in other areas will be able to pass on recommendations
and referrals from their clients to businesses in their territory. This is a powerful sales tool when marketing to businesses who may have offices
already being serviced in other areas by other franchisees in their network.
13.National and international contracts.
As the franchise develops a countrywide presence, the franchisor will be able to market to large companies and win national business for its
franchisees, providing their business with a regular stream of high value, repeat business.

14.Continual research and development by the Franchisors.
The economies of scale derived from operating a national network of franchisees encourage the franchisor to invest in research and development to
improve the product and service offering and compete on a national and international level. As a result

Case Study : Integrated Business Operations Essay
Question 1.1
Integrated business operations; This is the business in which a franchisee can sell his/her business to franchise according to his/her wish.It is a master
franshise. or A term used to define a company that combines two or more operations or divisions and operates as a single business unit. This
collaborative method of conducting business offers cost savings and increases efficiency.
Example ; Revlon is an American brand but they have there many franchise in new Zealand also.
Read more: http://www.businessdictionary.com/definition/integrated–operations.html#ixzz3XpBSSDSl
Single product or service operations; In this franchiser can establish his/her business at new place. At that place where they don't have much experience.
Example; To Establish the Revlon in New Zealand
Manufacturing and wholesale; Where the franchisee under license manufactures and distributes the franchisor 's product (eg. Soft drink bottling
arrangements).
Manufacturing and retail; Where the retailer as franchisee sells the franchisor 's product directly to the public. (eg. New motor vehicle dealerships).
Wholesale and retail; Where the retailer as franchisee purchases products for retail sale from a franchisor wholesaler (frequently a cooperative of the
franchisee retailers who have formed a wholesaling company through which they are contractually obliged to purchase. eg. Hardware and automotive
product stores).
Retail product; Retail product is that which is supplied by the

Case Study : Franchising And Marketing Management Essay
Franchising and Marketing Management
Investigate and evaluate small business franchising options. 6412
NATIONAL DIPLOMA IN BUSINESS MANAGEMENT LEVEL 6
RAJ KUMAR ND15182
Task One – General Franchising questions 'franchising'
1.1
According to me a franchising is an arrangement in which one party the franchisor allow another party the franchisee the right to use its trademark,
company's name as well as certain business systems and processes, to produce and market a good or services according to certain condition.The
franchisee pays one time franchisee, royalty and profits.It helps franchisor to expand his business. Assistances provided to franchisee by franchiser are
Marketing, management, advertising, store design, standards specifications etc.
Integrated business operations
In integrated business operations the franchiser themselves owns and controls all the franchise. By this way the organisation is aligned and profit is
increased.
Single product or service operations Franchisee is given all the rights to sell the single product supplied by the franchiser, But they have to obey some
policies such as they have to but products from a designated supplier. Manufacturing and wholesale Manufacturer sponsored wholesale franchise
systems: In these the manufacturer supply the base materials and the franchisee make and sell the final product.
Manufacturing and retail

Disney Infinity Essay
Disney has been using transmedia for many decades now, and after releasing their latest video game platform Disney Infinity, they have proven once
again that they are innovative players in the transmedia field. Through Disney Infinity, Disney show how far the limits of transmedia reach. In this
essay I will be explaining what Disney Infinity is, what the Disney Infinity universe is and how it works to complement the separate franchise
canonically. After this I will be introducing the reasons how and why Disney Infinity was a success and helped Disney to be a strong influencer in the
transmedia platform. My final point will be how Disney kept the interest of buyers for the Disney Infinity 2.0 and 3.0 franchise of Disney Infinity.
Disney Infinity is a video game that was released in august 2013. In the video game the players roam through worlds that are based on franchises
owned by Disney, ... Show more content on Helpwriting.net ...
The main modes of Disney Infinity allows you to play in these worlds by buying a Play Set, for example, when playing through the Frozen Play Set
you can achieve goals and play through missions which are set for you and this is all whilst you are playing as a fan–favorite Elsa. In any of the
available Play Sets, the missions are referencing to the original tent pole which is the movie. The story world in which Disney Infinity has been
designed has shown that Disney is highly capable of creating a great transmedia product, Max Giovagnoli states "Story worlds provide the best
possible foundations for a transmedia project. Creators must start with a superb story, supported by compelling and identifiable characters, but then
extra work must go into developing a highly detailed and sustainable world, a "world worthy of devotion." This connotes that the efforts in which
Disney puts into the story world of Disney Infinity was a concept that needed to be used as if it wasn't,

Case Study Of Champs Fried Chicken
Company Vision
(Shah, n.d.) States that the vision of the company is a long term view which focuses on the future of the business, he further mentions that the vision of
the business is a source of inspiration and can be emotive.
The vision that the employer has for Champs Fried Chicken is to expand the company's footprint first in the Eastern Cape and eventually move into
other provinces as well.
The author also wants to be the best fried chicken franchise, being the best in terms of selling the highest quality chicken with a unique taste and texture
that beats that of their competitors.
Company Mission
(Shah, n.d.) Also mentions that the mission of the company is a fundamental purpose of the business which distinguishes what it does to ... Show more
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They also make use of radio advertisement on the Fort Beaufort local radio station.
People – The Company makes it possible to cater for each class of people that's why the lower prices as well than their competition
Process – Champs Fried Chicken orders fresh chicken from their suppliers and prepares it and placed in a big warmer, ad one tray at a time is taken
out depending on how fast chicken is bought. The same goes for potatoes for the fried chips, the chips is prepared till its cooked and then allowed to
cool off and is only crisped when chips are needed to be served; so it is served fresh and hot.
Physical evidence – The Company has made a name for itself since 1995 and has become well developed. Champs chicken has recently started new
ways in preparing chicken by injecting different flavored marinades in the chicken before cooking it. People can now also sit down and enjoy their
meals as they have now built in a dining area for people to sit down and enjoy their meals and clean toilets as

Marketing Plan For A Franchise Company Essay
INTRODUCTION
A franchise is a right granted to an individual or group to market a company 's goods or services within a certain territory or location. Some
examples of today 's popular franchises are McDonald 's, Subway, Domino 's Pizza, and the UPS Store. There are many different types of franchises.
Many people associate only fast food businesses with franchising. In fact, there are over 120 different types of franchise businesses available today,
including automotive, cleaning & maintenance, health & fitness, financial services, and pet–related franchises. The franchisee must follow certain
rules and guidelines already established by the franchisor, and in most cases the franchisee must pay an ongoing franchise royalty fee, as well as an
up–front, one–time franchise fee to the franchisor. Franchising has become one of the most popular ways of doing business in today 's marketplace. In
most states you cannot drive three blocks without seeing a nationally recognized franchise company.
PART A
TYPE OF FRANCHISING (P C 1.1)
(1)SINGLE PRODUCT SERVICE: Single unit franchising is the most likely place a brand new entrepreneur would begin. In this type of franchise,
the franchisee would only be responsible for running one unit. However he or she would be extremely involved with all of the daily operations of the
business. Example: Toyota.
(2)MANUFACTURING AND WHOLESALE: In this type of franchising franchisor usually provides extensive training and support to the suppliers

Business Plan For A Business
After ten years in the corporate world, I am ready to start my own business. Although I do not have experience in starting a business, I have knowledge
in sales, marketing, management, accounting and finance. Owning a franchise business will allow me to gain knowledge by experience and from other
franchisors. Attached is four specific franchises I have carefully chose from the nutrition, children 's fitness, health and beauty categories that I could
successfully operate without having experience in owning a business. There are many fields available in the franchises business. I have chosen
Massage Envy, Jamba Juice, GNC, and Gymboree Play and Music as the four best franchise options that I could operate successfully. In addition, this
report demonstrates the four franchises and how they are examined according to the nature of the business, the financial requirements, the level of
support the company provides, and the locations in which the franchises are available in each of the four franchises. Furthermore, secondary research,
and a compare and contrast to each of the franchise 's competitors are based on the four criteria is included into the report.
Massage Envy
Qualities of the Business
In the United States, Massage Envy is the "largest massage therapy franchise" (Crompton, 2014, P.24). Massage Envy started in 2002, and offered
massages and facials to their customers. The headquarters of Massage Envy is located in Scottsdale, Arizona and "has more than 1,000

Investigation Of The Various Franchises Chosen For...
Contents
Introduction:3
Chosen Brands:3
Wimpy:3
Background:3
SWOT Analysis:3
Strengths:3
Weaknesses:4
Opportunities:4
Threats:4
Steers:4
Background:4
SWOT:5
Strengths:5
Weakness:5
Opportunities:5
Threats:5
Mugg & Bean:6
Background:6
SWOT:6
Strengths:6
Weakness:6
Opportunities:6
Threats:6
Porters' Five Forces:7
Level of Rivalry:7
Availability of a Substitute Product:7

Buyer's Power:7
Power of Supplier:7
Threat of New Entry:8
Pestle Analysis8
Political:8
Economic:8
Social:9
Technological:9
Legislative:9
Environmental:10
Conclusion10
Bibliography11
Plagiarism Check:12
Introduction:
The purpose of this study is to determine which of the three franchises chosen for investigation from the Famous Brands group would be the best
investment for an entrepreneur. Chosen Brands: Wimpy Steers Mugg & Bean
During this investigation I will do research on the internet and other media as well as conduct interviews with the managers and other key staff of one
of each of the franchises being investigated.
Wimpy:
Background:
Wimpy is a franchise that forms part of the Famous Brands group. It was established in 1967 when the first store was opened in Murchie's Passage in
Durban, Kwazulu Natal. This original store is still open today and Wimpy has over 400 franchises in SouthernAfrica. It is also one of the leading
franchise groups in South Africa and has operations in the United Kingdom.
SWOT Analysis:
Strengths:
Wimpy will offer

The Success Of The Franchise Industry
The franchise industry is an industry that is highly visible to the public eye; mainly because of such names as McDonald's, Kentucky Fried
Chicken, Popeye's, Burger King, Starbucks and the like. They all fulfill a service which the general public supposedly needs. From a simple fried
chicken leg, to a strong cup of specialized coffee, or even a set of bed linens, they all serve a general purpose. Each one supplies the public with goods
and services at a cheaper price.
The people or individuals who purchase a franchise also have to follow certain rules and regulations which are presented to them in the form of a
binding contract.
The accounting field also plays a major part in such transactions and the everyday life of a franchise. Everyone needs to be informed of how much
income a franchise is taking in as well as what the myriad of expenses are. These expenses include how much they have to pay out in wages, inventory
costs, insurance, rent, repair and upkeep, along with all the matters concerning taxation and billing. Sometimes things work out properly and everything
is kept strictly honest while at other times illegal situations arise.
My paper will be a brief explanation regarding how crime is and is not committed within a franchise. First will be a brief discussion that defines a
franchise and the obligations of both the franchisee and franchiser. I will then discuss three recent accounting crimes, look at how the people in the
industry feel about such matters, and

Chicky-D's Franchise
30–2. Control of a Franchise. National Foods, Inc., sells franchises to its fast–food restaurants, known as Chicky–D's. Under the franchise agreement,
franchisees agree to hire and train employees strictly according to Chicky–D's standards. In addition, Chicky–D's regional supervisors must approve all
new hires and policies, which they generally do. Chicky–D's reserves the right to terminate a franchise for violating the franchisor's rules. After several
incidents of racist comments and conduct by Tim, a recently hired assistant manager at a Chicky–D's, Sharon, a counterperson at the restaurant, resigns.
Sharon files a suit against National. National files a motion for summary judgment, arguing that it is not liable for harassment by franchise ... Show
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Quality Control. The franchise agreement of Domino's Pizza, L.L.C., sets out operational standards, including safety requirements, for a franchisee to
follow but provides that the franchisee is an independent contractor. Each franchisee is free to use its own means and methods. For example,
Domino's does not know whether a franchisee's delivery drivers are complying with vehicle safety requirements. MAC Pizza Management, Inc.,
operates a Domino's franchise. A vehicle driven by Joshua Balka, a MAC delivery driver, hydroplaned due to a bald tire and wet pavement, and struck
the vehicle of Devavaram and Ruth Christopher, killing Ruth and injuring Devavaram. Is Domino's liable for

Business Analysis : Business Operations Essay
Presentation
The franchising is the chain of any particular business to run by diverse firms or affiliation successfully. The franchiser grants working their business
attach to franchisee under franchiser 's term and condition. Assorted foundations business has different term and condition for its franchisee. Franchising
business generally run in the regular lifestyle industry like McDonald 's, pizza cabin, domino 's, Subway at cetera. Some franchising chains similarly
run in the organization gives efficient Western Union, Money gram, Post Shop et cetera. The greatest relationship of franchising is Subway restaurant
Part A
(1.0)Key peculiarities of establishments
The key peculiarities of establishments are diverse and some of them are emulating underneath:
(1.1)Type of establishments
Distinguish the key components for each of these distinctive sorts of establishments:
(1)Integrated Business Operations (IBP)
Composed Business Operations suggests the advances, applications and strategies of interfacing the organizing limit over the dare to upgrade various
levelled course of action and financial execution. IBP correctly identifies with a complete model of the association to association essential orchestrating
and operational organizing

How The Kumon Math And Reading Centre Franchise Into Is...
EE First Draft Research Question: How bringing Kumon Math and Reading Centre franchise into is beneficial? Intro For this investigation I am going
to research on bringing Kumon Math and Reading Center into Vietnam. Kumon Math, as its name, Kumon provides a program in which students will
have the chance to improve their mathematical skills, from the basic one to the advanced level. It is available for students from all ages to join.
Vietnam is a great potential market to invest in. Since Vietnam has the policies of searching for oversea investment, it has been an attractive market for
many foreign companies. The economy and industry there are in the developing process, which means that they are lack of investments from outside.
Moreover, the educational system has been focusing a lot on natural science subjects such as math and other ones which also require certain math skills
(physics, chemistry, biology). This is the point that I want to exploit from, open up an education center in a country which is always looking for
outside investments and focusing highly on the education for young generation should be reasonable and fit in. Kumon Math & Reading Centers:
Kumon, the math Center established by a Japanese math teacher whose name is Toru Kumon (the Center is named after him). This is an education
center where students will have a chance to improve their mathematical skills. It doesn't have official teaching programs as private or public schools
do, here students are

The Franchise Of A Franchise Essay
Franchises are across the world these days' place like McDonalds,7eleven and Burger king have been around for a while and will continue until the
day the world dies. A franchise is a business relationship in which a franchisor grants a license to another business a franchisee. To become a
Franchise is not an overnight task. Capital needs to be raised to purchase the franchise most franchises can be up to one million dollars or more.
After raising capital, a franchise can be purchased, but there are rules and regulations that must be followed. Franchisees have duties and
responsibilities they have to account for. Then the franchise agreement that needs to be followed to the letter. After buying the franchise the
Franchisee have duties and responsibilities have the rights to Operate the franchise as an owner. Also the franchisee must follow a set of rules that
is given by the franchisor. The franchisee must use trademarks or trade dress of the franchise. For example, McDonald's has a huge M, the golden
arches, on their stores and that is the trade mark that has to be used and cannot be changed from the franchisees or it will be a breach of contract
that could lead to a huge law suit which is not a good thing. The franchise has option to determine when the contract could end. There is a fixed
period of time and they even have the option for renewal to keep the franchise growing. Next, The franchisor may provide a source of supply. For
example, if someone bought a

Essay on Jimmy John's Competitive Forces Model
Jimmy John's Introduction The first Jimmy John's was created in 1983 in Champaign, Illinois, by Jimmy John Liautaud. Liautaud founded Jimmy
John's on the idea of providing the gourmet sandwiches for a low price. The first Jimmy Johns was run out of a garage with used equipment, and
without an ice machine for the drinks because there wasn't any room. Liautaud grew interest in his sandwiches by giving out free samples to people
around town, especially college students. As word spread about his sandwiches, Jimmy John's began to gain acclaim and began to make money. (Gibbs,
2005) 1985 marked the opening of the second Jimmy John's. Since then the sandwich shop franchise has continued to flourish with over 690 stores
currently open ... Show more content on Helpwriting.net ...
With Jimmy John's reputation for quick service, the most notable substitute would be any of the many fast–food restaurants available. Second would the
option of a sit–down restaurant. Also, a final substitute would be the option for consumers to purchase food from a grocery store and eat at home. The
fast–food restaurants that would most likely serve as substitutes would be places like Burger King, McDonald's, Taco Bell, and Wendy's. These
restaurants offer relatively inexpensive food like Jimmy John's, and also cater to the customer that is in a hurry. Jimmy John's holds a decided
advantage over these fast–food burger and taco restaurants with their offer of fresh ingredients and a healthier sandwich. Sit down restaurants may be
able to compete with Jimmy John's in their ability to offer a more nutritious meal, but they do not offer some of the other amenities that are available
at Jimmy John's. A sit down restaurant will not offer the quick turnaround of a freshly made sandwich or be able to match the price of a Jimmy John's
meal. Consumers who purchase their own food and make their meals at home will be able to compete with Jimmy John's on both price and nutritional
value, but will not have the speed or ease of ordering a sandwich from Jimmy John's. These three substitutes offer viable options to the customers in
Jimmy John's target market, but Jimmy John's

Palladium Doors, Inc
Identifying the problem: * Palladium Door, Inc wants to increase its sales goal to $12.5 million for 2004 which represent a 36% increases in sales over
projected 2003 year–end sales.
* During the planning process, a number of fellow executives had voiced concern over whether distribution approach used by Palladium Door was
appropriate for the expended sales goal. Richard Hawley is the director of sales and marketing felt that their concerns had merit and should be given
careful consideration. Though he had considerable latitude in devising the distribution strategy, the final choice would have o be consistent with
achieving the 2004 sales goal. His approach and action plan had to be prepared in a relatively short time to permit ... Show more content on
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Cons: * This plan had more merit in the long run of three to four years and they need this plan to be applied on this current year as increasing in its
sales goal. * Their idea had merit as a long term distribution policy. * The direct cost of adding a sales representative was $80,000 per year.
* 2nd viewpoint
It's about development of a formal exclusive franchise program, since 27 nonexclusive dealers had posted such a possibility in the last year. Each of
these dealers represented a different market, and each of these markets was considered to have a high potential and be a candidate for the new
advertising and promotion program.
Pros: * The company would drop present dealers in their markets and not add new dealers. * The program could be implemented during the
traditionally slow quarter of the upcoming year. (quick implementation) * The franchise program in these 27 markets could be served by the
advertising and promotion program. * The other 50 markets served by exclusive dealers wouldn't be affected, since the advertising and promotion
program was already budgeted for these dealers. * The remaining 73 markets would also be unaffected except for increased advertising in 23 high
potential markets.
Cons: * Dropping nonexclusive and focusing more on exclusive dealers, as they produced 70% of company sales. * Losing a part of market.
* 3rd viewpoint
It's about

Case Study Of Dip Franchise
In order to create a Dip n Dip franchise in the country of Panama, we will need a total capital of $650,000.00. This amount needed is to cover the
franchise cost, beginning franchise merchandise, location, furniture and decoration for the restaurant advertising and keep a remaining capital for
utility and other kinds of cost.
Franchise Name : $200,000.00 plus 5 % of the restaurant profit per year
Franchise Merchandise : $ 1,000.00 per month
Utility Cost: Approximate $1,500.00 to $2,000.00 o Electricity and Water
Kitchen Supplies : $2500.00 o Stove, dishwasher, sink, glasses, plates, forks and spoons.
Furniture and Decoration: $6,000.00 to $7,000.00
Staff: $3,600.00 per month AmountStaffSalaryTotal per month
2Waiter$500.00$1,000.00
1Chef$800.00$800.00
1Junior Chef$700.00$700.00
1Cashier$550.00$550.00
1Janitor$550.00$550.00 Our items will have a variety of prices according to their ingredients and their ... Show more content on Helpwriting.net ...
Strengths
Different Concept in Panama, and the Latin America sector.
Excellent quality and service.
2.Weakness
The essential ingredient, which is chocolate, has to come from the Middle East.
New entry in the market.
3.Opportunities
To open more restaurants in the future. o Costa del Este o Soho, Calle 50
4.Threats
Competition such as: Athinasiou, Dos Cucharas, Vanille, Miranda Bakery and more.
Projection
If we accomplish all our stated goals and are able to create a successful service business, we will look forward to expanding the business in the future.
This decision will be made after seeing the results in the profits and taking in consideration how the market is working in the selected

Popeyes Louisiana Kitchen Franchise Case Study
Today's generation is filled with people who want to own their own businesses and be their own boss, however, crossing an individual who intends on
building their ideas from the ground up is rare because the process absorbs time and finances. For this reason, franchises are becoming more popular in
the business world. In this system, an established business sells a portion of temporary ownership to a franchisee, in which the franchisee must
incorporate the franchisor's existing framework and practices in exchange for a managerial role. The franchisor
Findings
Popeyes Louisiana Kitchen Franchise
Popeyes Louisiana Kitchen creates, runs, and franchises restaurants that specialize in the quick servicing of spicy chicken, buttery biscuits, red ... Show
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I also learned how to stay on my toes and multi–task in a fast–paced environment. Popeyes requires potential franchisees to have ample business
experience, expertise in operating restaurants, and a minimum net worth of $1,000,000 (Popeyes, 2017). According to Standard & Poor's
NetAdvantage, "Popeyes has franchised 2,688 restaurants in 48 states, the District of Columbia, 3 territories, and 25 foreign countries." (Standard and
Poor [S&P], 2017). Popeyes strives to increase the success of their franchises through, what they refer to as, the five pillars of success, including,
building a distinctive brand, creating memorable experiences, growing restaurant profits, accelerating quality restaurants, and developing servant
leaders. The owners of their franchises receive training and support that are designed to increase business value and overall efficiency. Startup costs are
estimated to range between $235,300–$454,100. The startup costs could potentially be reduced if there is an existing restaurant readily available for
franchising. Popeyes has a defined royalty fee of 5% of gross sales and a marketing fee of 4% of gross

Business Overview Of Shani A Franchise Or Open An...
Business Type
Depending on her level of comfort and desire of business freedom, Shania can pursue a franchise or open an independent coffeehouse. One business
brings market ready supplies and the other requires greater diligence in planning and management.
Opening a franchise brings a brand name and materials to a business to produce instant recognition and bring in brand loyal consumers. A franchise
creates a business relationship with a franchisor to bring a brand name, trade dress, and trademark to a franchisee (Kubasek et al., 2015, p. 431). In
turn for the franchise material and name, the franchisee pays a percentage of sales to the franchisor (Kubasek et al., 2015, p. 431). As reported in 2011,
franchising was so popular that it was the genesis of one of every 12 retail businesses in the United States (Welsh, Desplaces, & Davis, 2011, p. 4).
A weakness of owning a franchise was reported by Perrigot, Hussain, and Windsperger (2015) where "franchisees have to strictly follow operating
manuals and almost all of the strategic decisions are made at the franchisor level" (p. 696). Although it does have a curtailed degree of freedom, a
franchise brings greater stability with a proven business style and support system.
On the contrary, an independent operation is different in that there are no trade materials or products; however, there is greater freedom to operate
(Perrigot, Hussain, & Windsperger, 2015, pp. 700–701). Additionally, independent operators can better

Contemporary Issues Hotel Industry : A Comparison Of The...
Contemporary issues in hotel industry: – A comparison of the performance of independent and franchise
1)Correctly identify explicit and implicit assumptions, challenges to the assumption made with their evidence. (15 marks)
Although, franchisee plays a dominant role in the hospitality industry but there are still many entrepreneurs who enters the industry as independent
hoteliers. These independent hoteliers have the zeal to work and the independent performance has often been evaluated in comparison to the
performance of the franchisees. Although the comparison showed that franchisee properties performed better than the individual hoteliers but with the
passage of time the comparison faded. When a person tries to open a hotel, he needs to decide first whether he would go for a franchisee business or
open his own hotel. Since the time when the entrepreneur start thinking that he wants to start a hospitality business, from that time side by side there
are challenges which always need to overcome to start that business. Here we are talking about the hospitality business, although choose to open a
hotel. According to the article given there are certain assumptions are given which shows that opening a franchise of a hotel is better option that going
for the own business and the challenges which the entrepreneur faced in that respect with the proper evidences , these are discussed below:–
1.Reorganized brand name and trade mark provide tangibility to the services of hotel

Interview Questions On Business Exercise Essay
Exercise 1 Interview questions 1.Date and time of interview: 11/17/15 at 4:00 pm 2.Name and Job title if person interviewed: Allen Agakhanyan,
CEO of Big Mamas & Papas Pizzaria (20 locations) 3.Description of a typical workday: Every morning he returns calls and emails, and confirms and
sets appointments to meet the franchises. Once he has confirmed appointments for the day, he starts his day with the visit to the bank to make deposits
from the previous day. Since there are 20 franchises, he tries to arrange to visit 2 franchisee a day to collect funds for marketing and royalty fee's,
during his visit he reviews the online orders for the month and makes adjustments to the refunds, and promotional reimbursements that has been paid
for by the franchisee. When Allen returns to the office and prepares reports for the other locations that are scheduled for him to visit the following day.
Once he has organized and prepared for the next day, he then oversees the bookkeeping and accounting. 4.Qualifications for job: The qualifications
needed are interpersonal skills, analytical skill, negotiation skills, critical thinking, service orientated, complex problem solving, patience, perseverance,
and judgment and decision–making. These are some of the skills needed in order to operate 20 locations and personally, work with each storeowner
separately hands on. Every day there are difficulties and challenges that he overcomes gracefully and manages to maintain and equilibrium among

Franchising Is A System Or Method Of Marketing A Product...
In general, franchising is a system or method of marketing a product or service. Since a Franchisor develops a special product, service or system and
has been recognized in nation, then it is possible to exploit the current business. A franchisor grants a right or license to independent businessmen
throughout the world. Another definition emphasizes that franchising is an agreement between two legally independent parties. (Lafontaine and Shaw,
1999) In this agreement business owner (franchisor) license its trademark and business concept out to a person or a group of people (franchisee).
Franchising is a form of business that both parties get benefit and satisfaction when properly structured and well run. Because between franchisor and ...
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These dues provide revenues necessary for the franchiser to operate and provide systems, training, marketing, promotion and other services to all the
franchise owners in the system. (Selig, 1998)
Figure 1 Franchising Concept
According to the Department of Commerce, the following are some of the major reasons why companies decide to franchise (Selig, 1998)
Franchising provides an effective method for raising capital to finance expansion.
Franchising enables the franchiser to pool resources, advertise and promote, achieve economies of scale in purchases, expand internationally and
develop new products and services.
Franchising provides the franchiser quality control, consistency, and uniformity over goods and services produced and/or distributed as well as media,
public relations, image and appearance.
Franchising provides flexibility for respondВ¬ing to changing customer needs and emerging markets within a wide variety of sectors.
Individuals become franchisees for a number of reasons.
Individuals, who want to become business owners versus employees, are not comfortable doing it alone, but are comfortable working within a
framework such as a franchise.
Individuals want to pursue the American dream of achieving high rewards through risk sharing in a quasi–structured environment.
Individuals want the benefits of a franchiser 's name recognition, network, systems, training, and infrastructure to help establish and grow

Essay on The Success of the McDonaldвЂ™s Franchise
Not having to answer to a corporate boss is the dream of many and the flexibility that owning a business franchise creates provides this option.
Success is not reached by simply creating a business, however. The level of success is measured by the size and efficiency of the business. Business
growth is the driving force of the economy. The additional jobs and revenues created when a business expands allow the economy to grow at
exponential rates. One of the fastest and most popular ways to increase the size of a business is to turn it into a franchise, which can then be purchased
by individuals. Franchising provides opportunities that are beneficial to both the parent company and the purchaser. The company that owns the
business can expand ... Show more content on Helpwriting.net ...
McDonald's has extremely strict rules when it comes to awarding franchises. First, it is very costly to open a new location or purchase an existing
location, with the median startup cost being $300,000 (Kalnins & Lafontaine, 2004, p. 750). As well, the company does an extensive background
check on a variety of issues including credit history, business management experience, and the acceptance of the contractual agreement that the
company provides. Because of these strict rules and the large amount of capital needed to purchase a location, "rates for franchise applicants are 1%
for McDonald's" (Norton, 1988, p. 204). This is an extremely low acceptance rate and is even lower than McDonald's chief competitor, Burger King,
who accepts 1.5% percent of applicants (Norton, 1988, p. 199). These low numbers are understandable in the context of the business and risk that is
involved. Though the franchise purchaser must pay a large amount of money to gain the rights to the restaurant, they truly have nothing to lose besides
money because they are simply running another company's business model as well as using their trademarks and logos. McDonald's on the other
hand, has a great amount at stake because they place the well being of an entire restaurant into the caretaking of an individual who simply purchased
the rights for the store. If the store does poorly or if there are issues with customer service, it reflects

Advantages And Disadvantages Of An Entrepreneur Buying A...
An entrepreneur is someone who sets up their own business and take on financial risks in hope of making profit. There are many skills that an
entrepreneur would have, some of these skills include focus, resilience, self–reliance, ability to learn, ability to sell and the ability to take on risks
(Forbes, 2013, online). Afranchise is an arrangement between the franchisor and franchisee where the franchisor will give the rights to the franchisee
to use its trademark/trade–name and some business systems to produce and market a good or service. There are two types of franchises, one is product
distribution is where the trademark and logo is provided although the business systems are not provided. Another type is a business format franchise is
where the product and trademark is used alongside the franchisee conducting the business itself such as the marketing plan and operations manual (An
Introduction to Franchising, 2001, pg.2, eBook). This essay will be discussing the advantages and disadvantages of an entrepreneur buying a business
format franchise. Some points that will be discussed in this essay are the costs, the level of support and certain restrictions when buying a franchise.
An advantage of an entrepreneur buying a franchise is that there will be a higher rate of success than when owning a start–up business (Queensland
Government, 2016, Online). This would be beneficial for the entrepreneur buying the franchise because it will help to generate more profit and

Identify Types Of Business Franchises And Differentiate...
TASK ONE:
Q1.1 IDENTIFY TYPES OF BUSINESS FRANCHISES AND DIFFERENTIATE KEY FACTORS. RESEARCH AND PROVIDE EXISTING OF
EACH TYPE IN RELATION TO EXISTING FRANCHISE BUSINESS OPERATION. FRANCHISE TYPES MUST INCLUDE THE FOLLOWING:
ANS:
INTEGRATED BUSINESS OPERATION: Integrated business means combinebusiness where two companies can run their business under one name.
For example: In fix franchise they run two businesses one is coffee business and second one is subway business.
SINGLE PRODUCT OR SERVICE OPERATIONS: Single product means where franchise provides only single product. For example: In Southern
Cross they only provide services regarding insurance and they do not sell any other products.
MANUFACTURING AND WHOLESALE: Some companies manufacture their products and then they do wholesale. For example: In systema plastic
company then manufacture the plastic products such as microwave bowl, Tiffin and other containers. Then they sell their products on wholesale prices
to local retailers.
MANUFACTURING AND RETAIL: Some companies manufacture their products then they sell their products directly to customers. For Example: In
burger king they make their burgers and then they directly sell their products to customers.
RETAIL PRODUCTS: Retail products are those products which customers buy directly from retailers. For example: Customers buy products from
countdown according to their daily needs like kitchen products, bathroom products, office products etc.
RETAIL

Law And The Culture Industries
Nicholas Wilson
Z3161021
LAWS8139
Law and the Culture Industries
Lecturer – Dr Catherine Bond
Research Essay
Essay Question– Select one of the topics studied in this course. What are the regulatory difficulties in this area? What reforms, if any, are necessary?
Topic: Entertainment Franchises: transmedia and the importance of character rights
Things to watch,,, obvious, grammar, spelling and punctuan, lose pride, refine when possible, don't be too word or elaborate, reduce passivity,
Topic sentence for big para, and make sure it flows from that topic sentence, not so much for short and punchy paras,
Use more legal terminology
Introduction– New Title
Transmedia: an integral function of Entertainment Franchises
Entertainment franchises have become the most valuable economic function of the entertainment industry in modern times and there is a lot to explore
in respect to this multidimensional monopoly. Along with the multifaceted nature of these organisations, numerous legal implications emerge.
A successful franchise creates worlds that survive and thrive, despite repeated readings and viewings, shifts in fashion, value and taste, deadening of
postmodern interpretation; thus generating renewable energy and perpetual existence in the market place. Merchandising and marketing are important
processes in sustaining this presence in between media releases. The transmedia narrative of the franchise that is always taking different form
producing the story or experience

Swot Analysis Of Prontowash Usa Franchise Company
ProntoWash USA Franchise
ProntoWash USA was created in 2002 as a member of ProntoWash International. ProntoWash USA is a franchise company that provides
consumer–friendly hand car wash and detailing services in its parking locations. Such locations are malls, corporate buildings, complexes, strip centers
and individual building lots. ProntoWash is the global leader in car wash services. This car washfranchise opportunity has revolutionized the car
washing business with an environmentally friendly and convenient mobile car wash service. ProntoWash franchise consumer benefits include
convenience, safety, quality, and ecological and environmentally friendly services. ProntoWash USA has grown internationally and has more than 350
units in 23 countries, being present in Europe, Asia, Central and South America (http://www.franchoice.com/franchise/prontowash_usa).
ProntoWash USA washes a car with less than 1 pint of water. This state
–of–the–art car wash service is based on the new "Washing Kart Technology"
that permits to spray a low–pressure mix of water and no–foam detergents and a step by step cleansing method which results in a completely
environmentally friendly wash (Fitzpatrick, Jim). The main goal the company works for is to offer quality services to its customers, everywhere.
Quality is the direct result of an exhaustive work in the definition and elaboration of a proper methodology, equipment, training, supervision and control

Ralph's Rib Executive Summary
Bachelor in Information Technology Program
U10a2 Enterprise Architecture Proposal for Ralph's Ribs
For IT3200, Section 05 Rolando Rueda–de–Leon Submitted 9/17/2010
Table of Contents
Executive Summary4 Analysis of the existing foundation for execution4 Organization Chart5 Definition of the Operating Model for Ralph's Ribs5
Business Process Standardization6
Recommended Process Standardization6 Comparison of Operating Model6 Core Business Applications7 Proposal for an Enterprise Architecture11
IT Capability12
Business Strategic Objectives12
Funding Priorities13
Key Management Capability13
Business Core Applications13
Key IT Governance Issues14 ... Show more content on Helpwriting.net ...
While this is a good opportunity to build a business and has a lot of potential Ralph has hired an Enterprise Architecture Consultant to provide a solid
Business Model which will allow for more consistency and will provide a foundation for more growth in the market. The Consultant will research the
company, how it currently operates and will identify areas where business process standardization would provide benefits to the organization.
Organization Chart for Ralph's Ribs
Ralph is the owner operator of Ralph's Rockin' Ribs. He runs it solely with his two sons; Ralph Jr. and John. Ralph Jr. and John spend a lot of time
traveling to ensure that the individual franchise owners are keeping the agreements set forth in the franchise documentation. It is important to Ralph
that each site maintains the high quality food, cleanliness and quality customer service that has become his brand. The chart below depicts their current
organizational chart.

Definition of the Operating Model for Ralph's Ribs
Key Factors| Specific to Ralph's Ribs Franchise| Few Shared Customers| Customers are the same type of people and will in some cases be the same as
people vacation across the country.| Independent Transactions Reported at High Level| Each franchise will monitor its own transactions but will

The Basic Initial Franchise Fee
[1] $30,000 is the basic initial franchise fee. See Item 5 for option fees and conditions when this fee is partly refundable.
[2] At least 15 servicemen are required for each location.
[3] Franchisees have the responsibility to find a suitable place that is under the list of approved location for casinos. DA will provide lease–negotiation
assistance. The cost varies in different locations and sizes.
[4] Equipment is leased by Double Aces on a yearly basis. This payment is only refundable under some circumstances. See Item 5 for details.
[5] It includes delivery, offloading, assembling, and installation of the equipment. Notes
Franchisor's point of view
Double Aces will lease equipment such as gaming tables and computer software to franchisees because these are proprietary to the franchise operating
system. Quality control and easier training are the advantages of leasing equipment. It ensures all the franchisees are using the equipment that meets
the standard. Also, it would be easier and less costly for DA to train employees from different franchises because all the equipment is identical. DA
trainers will not have to study different operation manuals of equipment from different brands. Domino's Pizza requires its franchisees to buy the
necessary ingredients and supplies from an approved list of suppliers in order to ensure consistent quality throughout its franchise system. [ ] Therefore,
DA will also require franchisees to purchase other minor inputs, such as chips

Strengths And Weaknesses Of Merck
Strengths:
Multiple patents on molecular profiling tools.
Exclusive access to molecular profiling tools to enable biomarker development and medicinal chemistry efforts.Weaknesses:
Geographical Distance from the rest of Merck and Co has proven to exacerbate communication issues.
High cost structure.
Opportunities:
New technologies (Next generation sequencing) coming on line soon.
Ability to leverage the technology into multiple product development areas if a co–development deal can be struck with manufacturers. Threats:
New technologies (Next generation sequencing) coming on line soon. Will make our 2 dimensional assays obsolete within 3 to 5 years.
Robust technology development will increase outsourcing as molecular profiling becomes easier and cheaper.
Strengths
The franchises strengths are its intellectual property and rapid analytical competencies.
The molecular profiling IP assets including expression profiling, proteomic, and functional genomics provides Merck and Co with exclusive access to a
high information analysis ... Show more content on Helpwriting.net ...
The franchise head upon taking over this unit was able to start fresh with an already productive unit that has become a key partner in the ongoing
success of the corporation at large. This has enabled acceptance of a charismatic style and devoted following. Perception of legitimacy here has been
fostered by crediting and promoting internal projects, teams and individuals to the larger organization. The followers in this scenario see the franchise
head as somewhat revolutionary and willing to fight for his people often against the wishes of other executives. Key in this success is the continued
successful projects and franchise goals that add to the profitability and intellectual property holdings of the corporation.

Case Study : Owning A Franchise
Owning a Franchise
In this report I will be talking about how to open a LaRosa's pizza restaurant franchise. There are many requirements that you have to fulfill to qualify
for the franchise. There are 8 steps to open a franchise with them. In the restaurant business, somebody is always trying to franchise "the next big
thing." No doubt you 've seen dozens of them come and go. Doesn't it make more sense to find a stable and rewarding business concept with a strong
track record? (LaRosa 's, franchise). These are the reasons they thought why they should become a franchise. They also think since that since they have
been doing been doing well for over 60 years they thought they might just as well allow franchising and broaden their area ... Show more content on
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This is one of the keys to surviving for nearly six decades. (LaRosa 's, why LaRosa 's ) They also have superior training. They stand by your side
throughout the entire franchise process, from initial contact all the way up to your grand opening. Their management and Team Member training
crew are second to none, and they draw upon their years of experience to assure your efforts are successful. (LaRosa 's, why LaRosa 's )
LaRosa's wants to partner with the best people in each market they serve by hiring professionals with a proven track record who are serious about the
restaurant business.
You're Business Experience & Skills
Any combination of the following business experience: 1) a minimum of three years in a professional career 2) experience owning your own
successful business or 3) four years' experience as a restaurant General Manager.
A substantial familiarity with consumer preferences, real estate, and government, regulations, labor, and distribution issues in the market proposed for
development.
A sound reputation, integrity, and similar business values as LaRosa 's.
An infrastructure dedicated to the development of not only the franchise, but the LaRosa 's brand.
Demonstrate a passion for LaRosa 's philosophy and products, ideally with a desire to own multiple locations.
Commitment to excellence in order to successfully execute LaRosa 's pizzeria

Marilyn Monroe Franchise Essay
1.What attracts you to the idea of franchising?
Marilyn Monroe Cafe Franchise
2.Are opportunities in franchising comparable to starting a business from scratch? What are the pros and cons?
I believe so!
The pros are the one on one training, the 24/7 support from the Marilyn Monroe franchise itself as well as the business being fully equipped and
stocked for you when store is complete. Plus, a full network of support from the franchise itself. The pro side to starting from the ground up instead of
using a franchise you have more freedom but sadly much less support.
The cons are you are no the owner or boss of your own company until you pay them off. And you will pay them royalties for use of the name. And pay
a percentage to the for the selling and buying their products. Whereas if you started your own business and own no one anything but your ... Show more
content on Helpwriting.net ...
What are the long–term prospects for owning the franchise you researched? Can you make an equivalent amount of net income compared to starting
your own business?
The more you empty yourself into becoming more acquainted with some individual, the more you seem appealing to them improving the probability of
a deal. At that point the more you think around a competitor in the early stages, the more you set an establishment for shared accomplishment for both
franchisor and franchisee down the line.
This implies really placing yourself in their shoes and increasing profound understanding into their point of view. It implies knowing them enough to
feel their interests, and their agony. In doing as such, at exactly that point can establishment advancement groups decently pose the questions: Can our
vision be an answer for them? In what capacity can our establishment opportunity be an answer for them and their families? Becoming acquainted with
a prospect likewise implies learning however much as could reasonably be expected about their families also. Before they join your family, you should
comprehend

Advantages And Disadvantages Of Hotel Franchise
Part I. Discuss three types of hotel ownerships and its advantages & disadvantages
Park JaeHoon J12011310
Hotel Franchise
The Definition of Franchise is
–An authorization granted by a government or company
–Individual or group
–The right or license granted by a company to an individual or group to market its products or services in a specific territory.
Than what is franchises Characteristics?
First of franchises Characteristics is Simplest form of an agreement or license entered into by two parties, the franchisor and the franchisee.
Second is Franchising is not a business or an industry.
Last is Method used by businesses for market and distribute their products or services including their brand.
From Survival After Startup people more want ... Show more content on Helpwriting.net ...
Cause McDonald is everywhere and they know it's cheap and delicious than how come that is possible cause even the owner (Franchisee) of the
shop is different and place is different but the Main Company and Main recipe and cooking method is same. So if you love to eat McDonald in
Malaysia you might love to eat Korean McDonald also.
Non Professional also can do the business of Franchise.
Just now at first reason of AVD I told you that every place of McDonald is same even they got different owner (Franchisee) Cause the main company
is same. This reason also same with this Non Professional also can do the business of Franchise. You want open a shop but afraid to closure? And you
don't have any experience on opening your own business? Than you can choose to open a Franchise shop Cause the Main company of Franchise will
training you and helping you to opening the shop.
Low Risk, High Return.
The last ADV is Low Risk, High Return. Normally if the shop wants to have High return than also having a High risk but Franchise is Low risk and
High return. People know the shop meaning popular, people know it's cheap and delicious so who will refuse this shop? Even the selling price is low
but many people using this shop than of course got high return and low

Buying A Buffalo Wild Wings Franchise Fee
An easier alternative to starting a business from scratch is purchasing an already established one. This can be achieved through purchasing a
franchise, a business that follows an already established model. Before one purchases a franchise, they must obtain specific information to know
whether or not the venture is worth it. One franchise that is growing in popularity is Buffalo Wild Wings. Although it is growing in popularity and
success, is purchasing a Buffalo Wild Wings' franchise worth it? The first question one must ask is about the initial franchise fee, the amount a
franchisee pays up front when obtaining a franchise. Buffalo Wild Wings' franchise fee is $40,000. This fee covers a variety of services provided by
the franchisor. When looking for a location, Buffalo Wild Wings provides site selection assistance and guidance; as well as professional layout,
blueprint, design, and construction document review and analysis. They also provide equipment and supplier lists, and they provide assistance in
obtaining needed licenses (liquor license). They also provide comprehensive pre–opening assistance and a restaurant opening training package. Once
the venture begins, they provide ongoing guidance in marketing, operating, and financing. They also provide scheduled visits from a Franchisee
Consultant, who is able to provide guidance and advice to the franchisee. Finally, they provide further training for any employees the franchisee may
have. The next important aspect is

The Franchise Relationship Between Aqap And The Al Qaida Core
The franchise relationship between AQAP and the al–Qaida core has also caused AQAP to take on some serious disadvantages in their operations. This
display is a good example of how taking on the al–Qaida brand also comes with disadvantages. "Some of these groups are reluctant to identify
explicitly with al–Qaida due to the risk that open affiliation might make them a target of increased counterterrorism operations from their home
countries." One example of this is the increased use of drone strikes in Yemen by the US, which many authors claim is directly connected to AQAP's
affiliation with the al–Qaida network. 'This identification can be said to have weakened the AQAP's organization as a result of its increased targeting
by foreign... Show more content on Helpwriting.net ...
From these, the goal is to determine the applicability of the term franchise terrorism in order to judge whether or franchise terrorism is an appropriate
description to describe the expansion of contemporary terrorism. The US Federal Trade Commission defines a franchise as: a business arrangement
which allows for the reputation, (goodwill) innovation, technical know–how and expertise of the innovator (franchisor) to be combined with the
energy, industry and investment of another party (franchisee) to conduct the business of providing and selling of goods and services. It classified
these business operations with three "legs": (1) The franchisees' goods and/or services are to be offered and sold under the trademark of the
Franchiser; (2) The franchiser requires the franchisee to make a minimum payment of $500.00 or more, and; (3) The Franchiser maintains significant
control of, or provides significant assistance to, the franchisee's operation method. The three "legs" described in the Commission's policy document is
used here to measure the symmetry in relations to al–Qaida's expansion. Ironically, under US law, al–Qaida would not be considered a franchise. (1)
Goods and services are offered and sold under a franchisers trademark There is no doubt that the al–Qaida brand is worth a lot. Jessica Ward describes,
'in terms of benefits, joining al–Qaida comes with "strengthening mechanisms" – 'resources,

Panera Bread Company Case. Synopsis. The Bread Company
Panera Bread Company Case
Synopsis
The bread company dates back to the 1976 Au Bon Pain. Panera bread started with the French oven manufacturer and later to Louis Kane who
declared bankruptcy later. Upon eventual success in sales, the company acquired Saint Louis Bread in 1993 which later adopted the Panera cafГ©
style of ambiance hence the name Panera Bread Company. The company grew over the years expanding cafes whilefranchising for more elaborate
business and marketing strategies under Ronald Shaich until 2010.
Bread being the main commodity and entry into the Panera experience, Panera Bread Company works under and concept Ronald Shaich terms as
Concept Essence. The Panera experience entails artisan bread that allows for creativity, ... Show more content on Helpwriting.net ...
Resources
The company is not only spread through the USA but also in Canada while maintaining a required number of franchises, company owned bakery–cafes
and fresh dough operations. As of 2009, the company owned and ran a total of 1380 bakery–cafes 795 being franchise owned, 585 Company–owned
bakery–cafes and 23 fresh dough operations in USA and Canada. Their bakery–cafes are mainly located in the suburban, strip mall and regions mall
area operations designed in relaxing dГ©cor and free internet access as well as assurance of timely and quality service. Panera Bread company has
one of the best policies for its staffing needs under the longest serving CEO and a significant turnover in 2010.
Panera bread has bread as its primary commodity which can be considered its trademark but deals in quite a wide range of bread products such as
sandwiches, burgers, burns, lunch items soups and vegetarian offering in their cafes with a wide variety of healthy menu options. They produce and
serve their products using a health standard and high levels of cleanliness. They were named number one on the Healthiest Eating on the Go by Health
Magazine.
Capabilities and core competencies
One of the most intrinsic things about Panera was its ability to maintain quality among its branches. The ingredient used in one bakery was used in all
the other bakeries. To maintain the production idea all the dough used was made from the 23 facilities which then distributed to the other branches

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, detecting and
understanding them can help you protect yourself when you take the plunge into your new business.
If there 's one telltale difference between a franchise and a business opportunity, it 's the role of a trademark. The licensing of ... Show more content on
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Assess your skills, work experience and interests. Jot them down on a piece of paper, and talk them over with someone who knows you well. Also
write down your personal mission and goals for this business venture. Are you looking for a part–time activity that involves weekend work or full–time
self–employment? Do you want to pursue a personal interest? Do you have a knack for sales? Do you enjoy working with the public? Would you be
comfortable making cold calls to pitch your product or service? Knowing your skills, needs and interests can help immensely in sorting through the
enticing possibilities you 'll face.
Information Is The Key
Armed with this information, you 're now in a position to evaluate facts and figures from franchise and business opportunity sellers.
If you 're interested in buying a franchise, you can expect to receive a UFOC describing the investment. This extensive document is required by
federal law to be delivered to a prospective franchisee at the earlier of two events: (1) the first serious personal meeting between you and the franchise
representative to discuss the franchise investment, or (2) at least 10 business days before you pay any money or sign the contract. UFOCs contain a
narrative description of the offering, the franchisor, its business and legal background, applicable restrictions, estimates of the total investment, plus
lists of current owners in the system as well as those who have departed the system for any reason

The Franchise Owners
This proves the point that the franchise(s) must constantly be aware of what is happening within its territory. The next case, which is also still going
through the system, concerns itself with the supposed abuse of four franchise owners by 7–Eleven's main office. The four franchise owners are Indians
who felt that they were being labeled incorrectly. When they had informed the main office of their supposed mistake, 7–Eleven had labeled them as
"Independent Contractors" based on the degree of control SEI exercised over store operations, including regulation of vendors and product supply,
franchise payroll processing, control over franchising, bookkeeping and accounting, and alleged intense daily oversight by SEI market and zone
managers. Aside from the title argument, everything which the four defendants mentioned in their legal document is actually what was presented to
them prior to their signing of the franchise agreement. Franchises are in the business to create a profit by letting other people help in the process of
that particular profit making. All of the rules and regulations are presented to the individual or individuals before they have to sign so they can see
what they are getting into. Adhering to said regulations and practices is somewhat easy because the franchise gives the beginners programs in which
every aspect of the business is explained, such as the accounting and bookkeeping methods that said company uses. The last case that I will present

Franchise Essay

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