understanding the concept of leasing and franchising. Basic concepts and clear understanding. Perfect for the students who are learning business and management for higher studies. Also school students of 11th and 12th grade can refer as well
The presentation is on the topic "UNIVERSAL BANKING"
IT INCLUDES :-
# All the information related to the universal banking system
# Its functions and the services that it provides
# The benefits that it provides to us
# Are there any negative impacts of universal banking ?
# Universal banks vs Commercial banks
# List of some universal banks
# Some universal banks in India
# Guidelines of RBI for universal banks
# Future Trends
THANKYOU EVERYONE FOR WATCHING IT
The presentation is on the topic "UNIVERSAL BANKING"
IT INCLUDES :-
# All the information related to the universal banking system
# Its functions and the services that it provides
# The benefits that it provides to us
# Are there any negative impacts of universal banking ?
# Universal banks vs Commercial banks
# List of some universal banks
# Some universal banks in India
# Guidelines of RBI for universal banks
# Future Trends
THANKYOU EVERYONE FOR WATCHING IT
Banking is defined accepting for the purpose of lending and investment, deposit of money from the public repayable on demand or otherwise and withdraw by cheque, draft order or otherwise.
Ombudsman - An official appointed to investigate individual’s complaint against maladministration especially that of public authorities.
elationship between banker and customer
,
definition of a banker and customer
,
definition of banking
,
general relationship between banker and customer
,
relationship as debtor and creditor
,
special relationship: banker as trustee
,
pawner and pawnee
,
bailer and bailment relationship
,
mortgager and mortgagee relationship
,
executer
,
attorney
,
guarantor
,
duties of a customer
,
rights and duties of the banker towards the custom
,
rights of a banker
,
garnishee order
Banking is defined accepting for the purpose of lending and investment, deposit of money from the public repayable on demand or otherwise and withdraw by cheque, draft order or otherwise.
Ombudsman - An official appointed to investigate individual’s complaint against maladministration especially that of public authorities.
elationship between banker and customer
,
definition of a banker and customer
,
definition of banking
,
general relationship between banker and customer
,
relationship as debtor and creditor
,
special relationship: banker as trustee
,
pawner and pawnee
,
bailer and bailment relationship
,
mortgager and mortgagee relationship
,
executer
,
attorney
,
guarantor
,
duties of a customer
,
rights and duties of the banker towards the custom
,
rights of a banker
,
garnishee order
Citrin Cooperman Partner Aaron Chaitovsky, in conjunction with law firm Gray Plant Mooty, present on the requirements and issues involved in California Law AB 525 and what franchisors must do now to avoid costly mistakes.
Lease Financing
Terminology
The advantages of leasing
Limitation of leasing
Types of Leasing
Financial lease
Operating lease
Sale and lease back
Leveraged leasing
Direct leasing
Other types
Problems of leasing in India
Franchise agreement we are given legal and free legal advice can be done a sapkleminds are provided a service here
https://www.sparkleminds.com/business/franchise-advertising/
For any business wishing to sell its franchise and for any business person willing to start a business by buying a franchise for a brand, it is very important to satisfy all the legal requirements to avoid any kind of nuisance and havoc in the future. Of all the legal documents, FRANCHISE AGREEMENT is the most basic document because it is the document which states that the franchisor and the franchisee have got into a contract.
The powerpoint presentation aims to give a simple yet detailed description of how the franchise model of business works. What are the things to look out for or consider while starting a franchise business and which franchises have been relatively successful.
Personal selling and sales force management- Importance and training methods Antara Rabha
A brief about Personal selling and sales force management- Importance and training methods.
Basic concepts and clear understanding. all the Various methods of recruitment-offline as well as online methods and various types of training such as an internship, apprenticeship etc.
Void agreements, Performance Discharge, Breach of legal contract, Quasi Contr...Antara Rabha
A brief about Void agreements, Performance Discharge, Breach of legal contract, Quasi-Contract, Bailment & ledge, Agency. Along with examples so that it is easy for the student to understand business law
A study of international human resource management- theories and techniques Antara Rabha
Understanding the concept of International Human resource management in terms of recruitment and training. Basic concepts and clear understanding. all the Various methods of recruitment-offline as well as online methods and various types of training such as an internship , apprenticeship etc.
Behavioral economics-principles with examplesAntara Rabha
Understanding the concept of Behavioral Economics. Basic concepts and clear understanding, all the principles of behavioral economics. A brief of all the principles along with examples to have a clear-cut picture.
IFRS- Understanding the Accounting system in briefAntara Rabha
Principles of IFRS, Basic concepts and clear understanding. how these concepts can be applied in the accounting system.
perfect to understand for all the 11th grade students , college students and charter accountants, CS, CFA's who has accounting as their subject
Consumer Behavior Case Study, Basic concepts and clear understanding of all the theories. Linking all the theories of decision making and various advertising methods to pursue customers.
LA HUG - Video Testimonials with Chynna Morgan - June 2024Lital Barkan
Have you ever heard that user-generated content or video testimonials can take your brand to the next level? We will explore how you can effectively use video testimonials to leverage and boost your sales, content strategy, and increase your CRM data.🤯
We will dig deeper into:
1. How to capture video testimonials that convert from your audience 🎥
2. How to leverage your testimonials to boost your sales 💲
3. How you can capture more CRM data to understand your audience better through video testimonials. 📊
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
➢ 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
➢ SUPER JUNIOR-L.S.S. THE SHOW : Th3ee Guys in HO CHI MINH
➢FreenBecky 1st Fan Meeting in Vietnam
➢CHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
➢ WOW K-Music Festival 2023
➢ Winner [CROSS] Tour in HCM
➢ Super Show 9 in HCM with Super Junior
➢ HCMC - Gyeongsangbuk-do Culture and Tourism Festival
➢ Korean Vietnam Partnership - Fair with LG
➢ Korean President visits Samsung Electronics R&D Center
➢ Vietnam Food Expo with Lotte Wellfood
"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
VAT Registration Outlined In UAE: Benefits and Requirementsuae taxgpt
Vat Registration is a legal obligation for businesses meeting the threshold requirement, helping companies avoid fines and ramifications. Contact now!
https://viralsocialtrends.com/vat-registration-outlined-in-uae/
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s DholeraAvirahi City Dholera
The Tata Group, a titan of Indian industry, is making waves with its advanced talks with Taiwanese chipmakers Powerchip Semiconductor Manufacturing Corporation (PSMC) and UMC Group. The goal? Establishing a cutting-edge semiconductor fabrication unit (fab) in Dholera, Gujarat. This isn’t just any project; it’s a potential game changer for India’s chipmaking aspirations and a boon for investors seeking promising residential projects in dholera sir.
Visit : https://www.avirahi.com/blog/tata-group-dials-taiwan-for-its-chipmaking-ambition-in-gujarats-dholera/
Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
This Digital Transformation and IT Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 5,000 hours of work. It is considered the world's best & most comprehensive Digital Transformation and IT Strategy Toolkit. It includes all the Frameworks, Best Practices & Templates required to successfully undertake the Digital Transformation of your organization and define a robust IT Strategy.
Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
2. CONTENTS
Describe the significance of franchising
Identify the major advantages and
limitations of franchising
Discuss the features of franchising
Describe the franchisor/franchisee
relationship.
3. Franchising Terms
• Franchising
A marketing system revolving around a two-party legal
agreement, whereby the franchisee conducts business
according to the terms specified by the franchisor
• Franchise contract
The legal agreement between franchisor and
franchisee
• Franchise
The privileges conveyed in the franchise contract
4. Contd…
• Franchisee
An entrepreneur whose power is limited by a
contractual agreement with a franchisor
• Franchisor
The party in the franchise contract that specifies the
methods to be followed and the terms to be met by the
other party
5. Types of Franchises
• Product and Trade Name Franchise
Grants the right to use a widely recognized
product or name
• Business Format Franchise
Provides an entire marketing system and
ongoing guidance from the franchisor
• Manufacturing Franchising
Grants manufacturer the rights to produce and
sell goods using name and trademark
6. Features of Franchising
• A license
• A shared development and improvement
obligation
• Franchisor’s right to define rules regarding
operations
Two parties and agreement
Specified period
Support system
7. The Advantages of Franchising
(Franchisor)
• Financial assistance
• Operating assistance
• Strategic
• Administrative
• Research and development
• Cost saving
• Risk reduction
8. Financial Assistance
• Start-up business costs are normally high
and thus by teaming up with a franchise
organization, the individual can increase
her/his chance of receiving financial help.
• The franchisor might chose to use liberal
payment schemes to the franchisee in
order to get over the initial financial hurdle.
9. Operating Assistance
• The franchisor provides a range of
operating services including site selection,
bulk purchasing of equipment, and
inventory.
• Other areas of assistance include the use
of an established, nation-wide brand
10. Disadvantages
• Capital investment share
• Risk (Goodwill)
• Undue influence
• IPR Risk (intellectual property rights)
• Shared profit
• Reduction in control
11. Pros and Cons of Franchising
(Franchisee)
Advantages
– Probability of success
Proven line of business
Pre-qualification of
franchisor
– Training
Franchisor-provided
– Financial assistance
Franchisor assistance
Lesser risk
– Operating benefits
Franchisor-aided
Limitations
– Franchise costs
Initial franchise fee
Investment costs
Royalty payments
Advertising costs
– Restrictions on Business
Operations
– Restricted profits
– Transfer of goodwill
– Loss of independence
13. DEFINITION
It is a contractual arrangement calling for
the lessee (user) to pay the lessor (owner) for use
of an asset.
14. Lessor and Lessee - Meaning
• The Lessor is the legal owner of the asset.
• The Lessee obtains the right to use the asset in
return for rental payments
15. Elements of a Lease Agreement
• Names of the parties
• Object Being Leased
• Specific consideration
• Other Conditions
• Termination Clause
• Date and duration of
the agreement.
• Conditions for
renewal or non-
renewal
• Security deposit and
its return
19. Operating Lease vs. Finance Lease
Lessor is the legal and the
economic owner
Lessor is the legal owner
Lessee is the economic owner
Risks and rewards associated
with the asset not substantially
transferred
Risks and rewards associated
with the asset are substantially
transferred
Operating lease Finance lease
Risks include losses due to idle capacity, technological obsolescence & changing
economic conditions. Rewards include expectation of profitable operation over economic
life of asset and gain from appreciation in value or realization of residual value.
Source: Accounting Standard 19 issued by the Institute of Chartered Accountants of India
20.
21. Advantages of Leasing
• No Large Outlay – The cost is spread over a number of
years
• Security – The asset is owned by the lessor therefore, no
further security needed
• Tax Advantages – Lease rental costs are often tax
deductible
• Budgeting - Lease agreement is almost always a fixed contract,
it is relatively easy to budget and forecast with.
22. Disadvantages of Leasing
• No Ownership
• Long Term Expense – Cheaper in short term, more
expensive in long term
• Maintenance – Even though you don’t own it, maintenance is
still your responsibility
24. DIFFERENCES
FRANCHISING
• Right to use the brand name.
• Good working relationship
between both parties.
• Proper training from
franchisor.
• Money paid as royalties.
• Includes securities laws and
legal formalities.
LEASING
• No right to use the brandname
• Good relationship is not
necessary.
• No training from parent
company.
• Money paid as leasing cost.
• Simple contract or agreement.
26. MCDONALDS
• Founded by Dick and Mac in 1940 in California.
• Ray Kroc a Chicago based salesman realised
the potential.
• The best way was- FRANCHISING!!!
• Today 70% stores are franchised.
27. ….contd
• First outlet opened in Basant Lok, New Delhi in
1996.
• Potential franchisers must have atleast liquid
assets of $750000 (4,80,00,000 INR).
• In addition franchise fees $45000 (2880000 INR)
• 4% monthly service fees on gross sales
• And a certain percentage as rent.
30. AMUL
• AMUL(Anand milk federation union limited) was
found in 1946 at Anand in Gujarat.
• It is owned by Gujarat co-operative milk
marketing federation ltd(GCMMF).
• It has a annual turnover of $3.4 billion
dollars(21,67,07,330 INR).
• More than 6400 outlets of Amul.
31. Contd…
• Franchisee requires 300sq feet of area at
a premium location.
• Approx investment of 5-10 lacs.
• Training, renovation,designing done by
franchisor.
• No royalties.