Burger King’s grand strategyWhat are grand strategies? Grand strategies are comprehensive‚ long term plan of essential actions by which a firm plans to achieve its major objectives. Key factors of this strategy may include market‚ product‚ and organization development through acquisition‚ divestiture‚ diversification‚ joint ventures‚ or strategy alliances. There are three types of company implementing grand strategies‚ growth strategy‚ stability strategy and defensive strategy. Our company ‘Burger
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1. FRANCHISENAME: Aguillon Ventures‚ Inc.‚ 2. BRAND AND TRADEMARK: Max’s Restaurant 3. BUSINESS CONCEPT: Max ’s Restaurant is a Philippine-based restaurant serving fried chicken and Filipino dishes. What started out as a small café in the Philippines has successfully transitioned into a proud Filipino tradition that is also making waves in the global front as an international brand. Today‚ “the house that fried chicken built” has expanded to 123 local and 10 international branches. Max’s is more
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1) Wahoo’s would gain more profit without a monetary investment. Franchisees would use their money to fiance and operate a restaurant or more. Wahoo’s would receive a franchise fee and royalties which could be used to national advertising‚ improving the quality of service and invent new recipes. Whoo’s would be able to expand their restaurant quicker than they would be able to on their own. Allowing others a license to operate a business with the company name and the company’s regulations‚ will
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Krispy Kreme Doughnuts Teaching Note Background Krispy Kreme (KKD) has achieved spectacular growth in the last few years using an area developer model to expand geographically. This case examines the factors that have driven its growth and their sustainability in the coming two years. Students are provided with forecasts made by financial analysts at CIBC. They are then asked to identify and evaluate the assumptions underlying these earnings forecasts. Since the CIBC report does not provide
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Panera Bread Company’s Growth Strategy Case Analysis Among the crowded field of casual‚ quick-service restaurants in America‚ the distinctive blend of genuine artisan bread and a warm‚ comfortable atmosphere has given Panera Bread Company a golden opportunity to capture market share and reward shareholders through well-planned growth. With the objective of opening approximately 1‚000 more bakery-cafes in the next three years‚ Panera Bread Company must make prudent strategy decisions about
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Over the course of several years and franchises‚ I started as an overnight counter-person up to management position. My goal is to own a Dunkin Donuts franchise. I also want to run the franchise‚ to deal with the day-to-day operations. I don’t want to just own it. With the experience and knowledge that I learned over my years working for Dunkin Donuts‚ I know that I will succeed as a franchisee. Dunkin Donuts was founded 65 years ago by a man named Bill Rosenberg. Five years after that he licensed
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A franchise is a business agreement between a franchisor and a franchisee. The franchisor sells or rents the rights of the particular business to a qualified franchisee to expand business using a small capital. The franchisee must oblige and follow all rules and regulations that they purchase‚ that includes maintaining a strong business relationship‚ using the products‚ sale techniques and other managerial assistance that is provided by the franchisor. One must have a working capital reserved in
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IPL The Indian Premier League is a T20 cricket competition promoted by the BCCI and is modelled on the same lines as football’s EPL or basketball’s NBA. It works on franchise system wherein the teams (presently 8; going up to 10 from the next season) representing different cities are auctioned and the highest bidder is awarded the rights to own and run the team for ten years. Over a span of just three years‚ it has become a business phenomenon‚ even overshadowing what it stands for‚ that is cricket
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This report contains ideas about my ideal Capstone project‚ and explanations of why I decided to choose the three following topics; Opening a Franchise‚ Buy Stocks‚ and Fashion Store. The topic picked fall into my own vision and goals for the future after finishing with the MgBA program. This report was written in order to help me clear my mind with ideas that I believe are the most effective to create a valuable Capstone project with my own interests. This report also helped me to identify possible
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1. Resources: Burger King (BK) re-franchised almost all of its company-operated restaurants during 2013‚ bringing its business model to nearly 99% franchised and by the end of 2013‚ the company was left with only 52 company-operated restaurants. The advantage of the franchised model is that the company does not have to incur operating costs and can enjoy the royalties paid by the franchises. The margins for this type of model are very high‚ but it comes with number of disadvantages and risks
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