1. What is the name of the franchise? What is the location of the franchise corporation head office? What is the corporation’s website? •The name of the Franchise is Tim Horton’s •The head office for Tim Horton’s is located in Oakville‚ Ontario‚ Canada • Tim Horton’s official website is www.timhortons.com/ca/en/index.php 3. What goods/services (specific or general category) does the franchise offer? • Tim Horton’s offers; Coffee- Original Blend‚ Dark Roast‚ Decaf. Specialty Hot Beverages- French
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Mrs. Coates‚ I enjoyed how you utilized your personal experiences in the analysis of a franchise. As you shared some valid information about Franchising‚ I believe I could communicate some details that will enforce your evaluation. Franchising is “a relationship based on a private commercial agreement between the franchisor‚ who owns a trade name or trademark‚ and the franchise‚ who sells or distributes goods using the trade name or trademark”(Kubasek‚ Brennan‚ Browne‚ 2015‚ p. 431). Under the
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1- Introduction 4 1-1 Over View of Subway 4 1-2 Franchise in Subway 6 1-3 Subway Mission 6 1-4 Subway Core Value 6 2- Organization Structure 7 2-1 Shareholders 7 2-2 Management Team 7 2-3 Employees 7 3- Markweting Strategy 7 3-1 Target Market 8 3-2 Market Size 8 3-2 Market Growth 10
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characters on greeting cards. A franchise is a business that operates under an existing brand name. Many popular businesses are franchises‚ including McDonald’s‚ Subway and H&R Block. Franchising & Licensing - What are they? and how can you benefit from them? (The document is also available in PDF format) By Ian Cockburn1 Almost everyone is familiar with the term franchising‚ or has at least had some contact with the products or services offered by franchises. What is franchising? How does
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What Is a Franchise? Franchising is a form of business in which the owner‚ or franchiser‚ gives license to distribute products‚ services or methods of business to affiliated dealers‚ franchisees. In many cases franchisees are given exclusive access to a particular geographical area. The franchiser usually mandates uniform symbols‚ trademarks and standardized services. Thirty years ago franchising was a revolutionary new technology - a new and better way - a new and better way to retail goods
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The Subway Franchise The Subway story started in 1965 in Bridgeport‚ Connecticut during the summer of 1965. 17 year old Fred DeLuca was trying to earn enough money to pay for his college tuition by working in a hardware store. He wanted a way to add money to his minimum wage salary. He got the solution at a backyard barbecue in a conversation with a family friend‚ nuclear physicist Dr. Peter Buck. With a $1000 loan from Buck‚ DeLuca opened Pete’s Super Submarine on August 28‚ 1965
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Student’s name: Blah‚ Blah Class & Session: How can franchises ensure their products are appropriate for international markets? Professor: Introduction Most businesses are formed with the notion to someday expand their product internationally. Better communications and technology gives a massive increase in the convenience of international business ventures. Expanding a business internationally is a
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people 4. Purchase of building‚ equipment: KFC setting up KFC standards system for the franchisee include to lease/freehold cost of the land/ building/ equipment. 5. Provison of financial: It’s possible to receive assistance in financing a new franchise through the franchiser‚ who often makes arrangements with a lending institution to lend money to a franchisee. The franchisee must still accept responsibility for the loan‚ but the franchiser’s involvement usually increases the likelihood that a
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Conglomerates & Franchises By Emily Chui & Benjamin Chu Let’s Define: Conglomerate- a large business that is made of different kinds of companies Franchise- the right or license granted to an individual or group to market a company’s goods or services in a particular territory; also : a business granted such a right or license Let’s Simplify: Conglomerate- a company that owns other smaller companies Franchise- a business that is part of a single chain; can be owned corporately or privately
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Sea Tow Franchise – Experience The Water In A Safe Way Sea Tow was started by Capt. Joseph Frohnhoefer in 1983 in order to provide emergency services to the victims of accidents in the sea. His vision then was to bring a positive change in the services delivered by the boats. The concept of advanced boat services was widely accepted and the business grew worldwide with the advent of its franchise policies. Today‚ Sea Tow Franchise is established all over the world in the United States‚ Europe‚ Australia
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