it takes to run your own franchise. After reading this‚ we hope that you have a better understanding of what a franchise is and why Cold Stone Creamery stands alone as the fastest growing super-premium ice cream concept in the country. Franchising Franchising is the right to own and operate a business using the name‚ trademark and system developed by the franchisor. "Franchising is not a business but rather a method of doing business." When you buy a franchise you are buying only what is
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analysts examine to forecast sales growth for KKD in the years ended January 2003 and 2004? What assumptions did they implicitly make about number of new stores and weekly sales per store (for both company and franchise stores)? What are their implicit assumptions about revenue growth from franchise operations and KKM&D? Do you agree with these forecasts? Revenue Forecasts The CIBC analysts’ forecasts were constructed using per store information. * Company plans to add 62 new stores in 2003
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U.S sports franchises popularity overseas and the cultural obstacles one must overcome. The next question deals with making products from these franchises appropriate for international market‚ and the last question brings in our government‚ would placing tariffs on imported products protect our industries. These three questions have multiple ways of being answered it will really depend on the beliefs of the person answering the question. When you think about U.S sports franchises trying to increase
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83 The Romanian Economic Journal Strategies of Entering New Markets Mihaela Belu Andreea Raluca Cărăgin Entering new foreign markets may be achieved in a variety of ways. Each of these ways places its unique demands on the company in terms of organizational and financial resources. Most of the times‚ entering international markets is not a matter of choice but of necessity to remain competitive in new or established markets. Our paper is going to analyze the possibilities that a company has when
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turn is owned by Seven & I Holdings Co. of Japan. 7-Eleven was founded by J. C. Thompson in 1927 as The Southland Ice Company in Dallas‚ Texas‚ and been take over by the Japanese company in 1991. (7eleven.com.my‚ 2010) 7-Eleven are selling franchise and license to entrepreneur to expand its business in lower cost and shorter period of time‚ it also the first franchisor in the local market to offer existing profit-making stores to franchisees. There are over fifty thousand of stores around the
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chain in India we must look at different entry strategies such as exporting‚ importing‚ joint venture‚ and foreign direct investment. Our company is a franchise that has seen growth all over the world. While exporting a franchise to India is a billion dollar industry in the country‚ it only accounts for 3% of India’s market. Although franchises are a small part of the market the risk of opening a one is relatively low and is an ideal investment for entrepreneurs in the country. Even with our strong
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○2. Quality and Service. BCI products are chosen for its fresh‚ clean and quality‚ especially by those dual-income families who don’t have enough time to have a quality lunch. ○3. Franchise expanding. The company’s expanding is a area developer franchise model‚ which means largely massive expanding. The franchise fee is a main resource of the company’s revenue. But this factor must base on the stable profitability and sustainability of all three kind of restaurants —— company-owned‚ financed area
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Racism in Star Wars Star Wars is a highly popular science fiction movie franchise. Some people say there is racism in Star Wars especially in the prequels. From only being two African American actors in the franchise‚ to lots of racist stereotypes‚ and no diversity in the stories. There are only two African American actors in the Star Wars Universe. The most popular would be Billy Dee Williams who played Lando who was Hans Solo’s old friend from his pre rebellion smuggling days. The character starts
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open their own location with one fourth to half of the total investment needed in cash (Judd/Justis‚ 2010). The remaining funds will need to be secured via an outside source such as; banks and third-party lending institutions. In deciding to franchise their business Rolando and Rosa realized that in order to have a centralized way of doing business‚ that can be passed on to their subsequent franchisees‚ they must come up with various steps‚ standards‚ and methods for the daily operational tasks
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Furthermore‚ they are in large part excluded from the technical aspects of film production that span from directing to editing. Although Lucas film have come under heavy criticism for their portrayal of women through characters such as Leila in the star franchise Star Wars‚ they have made steps to work against gender discrimination. For example‚ a substantial part of the studio s leadership roles is occupied by women. However‚ many more tracks can be explored to try to further breach the gap. With the help
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