through acquisition for Zip-6. 2. Compare the advantages and disadvantages of re-purchasing the licensing agreement and either establishing Zip-6 subsidiary through Greenfield venture and producing in South Korea‚ exporting the product to Korea‚ franchising to another firm or relicensing to another firm. 3. State your choice of options to pursue and reasons for this choice. Answers: 1. If you get it right‚ there can be many good reasons why buying an existing business could make good business sense
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offerings by selling those products in international markets. IKEA applied the following strategy in expanding internationally‚ by Franchising. When IKEA expanded globally‚ IKEA had some evaluation criteria based on the market study for selecting franchisees which leads to its long-term strategic expansion plan which sets priorities of future growth. They made sure when franchising in other countries they found the right place of manufacturing for each item by leveraging the low-cost suppliers and proper
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vision and corporate objectives that they are striving to dominate the travel Industry. HWT is Australia’s leading retail travel franchise group with financial strength and business transparency unparalleled in the franchise sector. HWT extensive franchising experience‚ technological leadership‚ travel expertise and purchasing power enable them to deliver significant market advantage to their franchise network. Growing their franchise system is integral to their strategic vision. Importantly‚ a HWT
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Mo’men’s restaurants. Is Mo’ men group’s franchising strategy the best way to expand internationally? Franchising is the best way to expand the business internationally. This is a method of doing business internationally but not by oneself. It is an affordable way of achieving development goals with less risk. Yes‚ franchising strategy is the best way for Mo’ men group to expand internationally just as they have given a franchisee in Malaysia. The franchising strategy helps Mo’men group to get inside
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Africa) | The Association of Motor Dealers and Repair Workshops in South Africa | Mzanzi Radiator’s Franchising System | 17 August 2012 Mr Axel Le Rait The President Association of Motor Dealers and Repair Workshops in South Africa Cape Town 8400 Dear Mr Le Rait Report on whether small repair businesses should become Franchisee or not Enclosed‚ is the report on the MR Franchising system highlighting the benefits and costs to small repair businesses and of being a part of such a system
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Getting a food cart franchise package: what are the advantages? Why food cart Franchise? Potential franchisees sometimes wonder if franchising is a necessary process‚ and may ask why they couldn’t simply start a business on their own. The findings of the government suggest that franchisees enjoy a significant competitive advantage over the stand-alone or single business operators. They showed a study that 88% of franchise companies which opened in the previous five years were still in business under
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proposing an alternative modelling approach to franchise contracts. The second section of this paper describes the basic structure of franchise con- tracts. The third section discusses the various explanations that have been proposed to explain franchising. The fourth section sets two aspects of the franchise contract that has not been addressed in the literature. The Örst of these is existence of both corporate owned outlets and franchised outlets within the same organization. Some authors have
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Focus on Auto Service Aftermarket biz up in slow economy WASHINGTON -- The International Franchise Association (IFA) anticipates a continued slowdown in economic recovery‚ with minimal growth in the franchising market. "As the economic recovery continues at a slow pace‚ business conditions for small businesses are not improving. The availability of credit remains an issue‚" according to the revised "Franchise Business Economic Outlook: May 2012" produced by IHS Global Insight for the IFA Educational
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Arrangements is a U.S.-based franchising business that specializes in fresh fruit arrangements‚ melding the concept of fruit baskets with design inspired by the floral business The company is headed by Tariq Farid‚ who partnered with his brothers to open the first Edible Arrangements store in Hamden‚ Connecticut in 1999. After designing the computer systems‚ training manuals‚ production and profitability tracking and supply chain management process‚ they began franchising the concept in 2001. As of
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Case Study: Hair Emporium Summary The Hair Emporium is a salon owned and managed by Rolando and Rosa. After years of success‚ and much research‚ they have decided to expand their business through franchising. As the hair care industry earns approximately $16 million dollars annually in the US; Rolando and Rosa are sure they will be successful as they have a proven hair care system that works for women‚ men‚ and children (Judd/Justis‚ 2010). Franchisees interested in opening their own Hair
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