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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Available at: [Accessed 10 March 2011]. Franchise Direct [online] Available at: [Accessed 8 March 2011] PR Product Reviews‚ ‘Tantrum: The UK’s first child-only hair salon’ [online] Available at: [Accessed 8 March 2011] Stanworth J.‚ Purdy D. (2006). ‘Franchising and the Small Business’ in Carter S.‚ Jones-Evans D. ‘Enterprise and Small Business: Principles‚ Practices and Policies’ Pearson Education Limited‚ Harlow‚ Essex. Eparenting.co.uk‚ 2005. Parent’s spending more on children’s parties [online] Available
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SELECCIONAR Y ADMINISTRAR MODOS DE INGRESO ADMINISTRACIÓN INTERNACIONAL Entry Modes • Ins%tu%onal arrangement by which a firm gets its products‚ technologies‚ human skill‚ or other resources into a market. • Even big MNE’s don’t use a single entry mode. These companies adapt their strategies
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Advantage for franchising: 1. Proven market for the Product or Service: Franchisers sell a defined‚ proven business format or market for product/service‚ offering a product or service that has sold successfully. An independent business is based on both an untried idea and operation. 2. Services Franchisor may provide: KFC provide receipt for franchisee. They also explore about the taste of customer in franchisee market to design suitable menu for each market. 3. Selection of location: Providing
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References: Adams‚ J.‚ & Jones‚ K. V. (1990).Franchising (3rd ed.). .: Butterworths. Busiest airports. (2012‚ Mar 27). City A.M. Retrieved from http://search.proquest.com/docview/940918714?accountid=12528 Datamonitor Fletcher‚ R.‚ & Crawford‚ H. (2011). International Marketing: An Asia-Pacific Perspective
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