1. Franchisees gain numerous advantage when they purchase a franchise. First, while a franchisee may be opening a new store, it is part of an already established business and system. This means a franchisee has access to turnkey operations, allowing an increased speed to establishing and growing the business. Franchisees also get support for management and training activities, as well as financial assistance. Going hand in hand with this, a franchise already has an established brand name, quality of goods and service which have been standardized across the franchisor’s larger company, and national advertising programs from franchisors. Franchises also have large-volume, centralized buying power. A franchise has proven products, and successful business format. Finally, site selection and territorial protection is offered for franchises. All of these advantages increase the chance for a new business in a franchise to be successful. While there are many advantages to a franchise, there are disadvantages as well. First and foremost, in order to own a franchise and take advantage of all the benefits of owning a franchise, there are fees and royalties which are ongoing for advertising, use of the franchise name, products and services, and for use of the business system. A franchisee must also adhere strictly to regulations and standards imposed by franchisors. Franchisors also require the purchase of supplies and equipment from approved suppliers. Franchisors can also restrict what products can be offered in a store, which limits the product line as a whole. This results in an overall limit of freedom which entrepreneurs who start their own business do not have to deal with. Finally, and possibly most relevant from a business standpoint is market saturation. Franchisees have grown tremendously fast in recent years, resulting in an overwhelming number of franchises in the market place.…
When I was younger, I thought money ruled everything but in reality it doesn’t. Working hard doesn’t apply anymore in today’s economy. Most of the people who are wealthy have grown into the money or inherited from their ancestor. People hold the wealthy to a higher standard/power therefore they think they are better than the middle/lower class. Even though money is a great asset to have, it can be a liability. As I read the essay about Tim Blixseth, he was an individual who was not impressed or got excited about how much money he and his family had. He wanted to be low key, an average middle class person who worked hard for what he got not just given. In the story “Living It” he tells us how he would wake up in different locations each night.…
Poverty is something that will bring you down a dark path if you let it. It’s needs and problems will only pile if you don’t take action. In poverty there will be people holding you up and providing you a platform to grow, but it is up to you if you want to step off of their help and into the life of uncertainty that comes with it. But in poverty the most important thing you can have, is people who will provide you with a good platform and lead you to stay with it, and not people who will stand there and simply not care…
There are two perspectives on this topic, with it or against it. Harp seals are overcrowding and lowering the population of fish in the Canadian waters, this leads to unemployment in many fish industries. There is an animal chain that has to be balanced, by having too many seals they overpopulate and jump the chain, their meat is a great source of omega 3 and 6, their pelts are water resistant and in many cases do not cause allergies, so the hunting sounds pretty beneficial. It’s the most regulated hunt of its kind & the population is large enough to sustain the hunting. There are 9.5 million harp seals and the hunting of seal pups has reduced the global seal population by two-thirds, but there are many other different ways to fix the problem…
A lot of times people think of money as a good thing, but really it corrupts. Jonathan Swift had said“A wise person should have money in their head, but not in their heart.” When people gain a lot of wealth most of the time the start to look down on people but in the end it doesn't matter because we all end up the same. Dead. “We all gonna die, we bleed from similar veins.” Tupac Shakur explains this perfectly, no matter who we are we’re going to die because we are the same, human beings. The Great Gatsby by F. Scott Fitzgerald shows how wealth creates social class which can ruin relationships.…
The effects of poverty are something that not everyone can sense, mostly because they themselves are not impoverished. In 2pac’s song “Brenda’s Got A Baby” (Shakur, Tupac Amaru. "Brenda's Got A Baby." YouTube. YouTube, 05 July 2011. Web. 04 Apr. 2017.) We can truly see an inside look on poverty. If we dig inside on the lyrics we get…
Charles Koch’s net worth is almost $40 billion, Giorgio Armani is worth $6.1 billion and Taylor Swift is only worth $250 million, Koch is the 9th richest person on Earth (World’s Billionaire’s List). Money and power go hand in hand; CEOs are almost always part of the wealthy upper class. Money gives people, not only their economic place in society, but also their social class, it decides the types of people they have connections with, there are exceptions to this, but income plays a major role in a person’s life. Sadly, the easiest way to have influence and authority over a society or at least a group of people is to have vasts amounts of money; of course, there are others who have power and influence without money, however people who are remembered…
In 1974, as history indicates, Michigan passed the first rape shield law in the United States. 1 Eventually between 1974 and the early 1980s, “Rape Shield Laws” were proposed and enacted in 50 states and the District of Columbia.2 These laws were enacted because prosecution for rape based some accusations on the reputation and sexual history of the defendant; Instead of focusing on the real problem, the rape of an innocent human being. This often overshadowed important pieces of evidence and became more lenient towards the alleged conduct of the defendant.3…
Money is power, which people want for themselves. The desire for money is a never ending trip and most individuals will do anything for this control. When people come in to some money, they feel superior, more powerful and above the rest of the other people that have less .they start hanging in crowds with the same level of income, so they feel better. I had a friend who once talk all the time, play together and hangout. When she got older, her family came in to money big time. Now she doesn’t talk to me, and never does anything with me. A…
In the book ‘America’s Poor and the Great Recession’ by Kristin S. Seefeldt and John D. Graham, the reasoning that in a post-recession world, having two sections of an extreme poor and an extreme rich are becoming commonplace. The book talked about how the recession was just a reaction to how much power the 1% are getting, and how their recklessness caused an economic crisis America hadn’t seen since the 1930’s. In conclusion, the authors came to the answer that not only is becoming easier to fall into the hole of poverty, it’s becoming harder to climb out, and all because of the higher-ups. It may be because the middle class are afraid to fall into the hole of poverty themselves, and the myth makes them more comfortable, knowing that they are not “lazy”, or “undereducated”. The upper class, on the other hand, might be trying to deflect the blame. “It’s not OUR fault!”, they…
Unfortunately, today in American society there are many things that divide the people. Among the many divides are age, race, gender, sexuality, social class, religion, education, and political views. It is very sad how the very things that define the people individually are the same things that pull them apart. Anything that separates the people from being whole more than likely just enables setback and disables any ability to progress and move forward. Money can be a big factor in the separation of the people, between the have and the have-nots. Those that have money can do things that those that do not cannot do. This divide in our American society can be seen as a display of favoritism towards those with money and discrimination towards…
One of my favorite songs, recently, has been J. Cole’s Love Yourz. This song relate to feelings that we can all relate to, feelings of envy and jealously. We often look at the life styles of those around us, and we see what they have, and we compare ourselves to them. We feel that if we don’t live a certain life style or drive a fancy car that we are not living a purposeful life. We fall into the trap of focusing on others blessings and ignoring our own. From personal experience I have done this. I have looked at the blessing of others, and wondered why my blessings were not the same.…
Let take you to a tropical paradise where you’re dancing on a white sand beach while drinking fruity alcoholic beverages with your friends; this is what the summer song “one dance” by drake portrayed. Drake the artist of one dance is a very prevalent figure in the rap industry who is known for coming out chart topping hits. He was first signed to Young Money record who was lead by lil Wayne another prevalent rapper in the music industry and had another artist like nikki manji . Drake has broke off from young money record label and made is on called OVO which stand for Octobers Very Own. Drake has know branched into singing and taking on the pop and hip hop sense. “One dance “ is takes on a new style of music drawing inspiration from dancehall…
Money is probably the most centralised goal in the United States. All people are given a “chance” to earn a lot of money so that they are encouraged to work hard. Furthermore money is required to buy many of life’s necessities including basic needs such as food and water. Many people…
“There's nothing that protects you from the inevitable. If it's going to happen, it's going to happen, no matter what you do (The Notorious B.I.G.). Biggie Smalls, real name Christopher Wallace, was famously quoted saying that after a car crash he had previously been in. He went on to talk about how the accident had changed his perspective on life. He also mentioned his fears that came with the territory of him rapping “gangsta rap” and how dangerous it was. The verses Biggie had said during his career put him on the map as a very talented hip-hop artist. Sadly, his fame was short lived by his unsolved tragic death. Two explanations surrounding the mystery behind the death of one of America’s greatest rappers, The Notorious…