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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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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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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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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A REVIEW OF FRANCHISE THEORY INTRODUCTION In service based industries one of the fastest growing forms of market structure is that of franchise agreements. Certain aspects of franchise contracts tend to be idiosyncratic in nature thereby attracting a great deal of interest by academics and business analysts in recent years. Various explanations have been proposed for the widespread use of franchise contracts in certain industries. While a great deal of the franchise contract has been explained
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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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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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freshrestaurants.com: www.freshrestaurants.com/Documents/info%20package-FRESH.pdf Fresh Healthy Cafe. (n.d.). Retrieved from www.franchiseclique.com: http://www.franchiseclique.com/franchise/Fresh-Healthy-Cafe?gclid=CK_zutGj3rICFc5cMgodVWUApQ Fresh Healthy Cafe. (n.d.). Retrieved from www.entrepreneur.com: http://www.entrepreneur.com/franchises/freshhealthycafe/333955-0.html Hill‚ T. (2011‚ october 31). Fresh Expectations. Retrieved from www.cityanddale.com: http://cityanddale.com/city-and-dale/tag/fresh-cafe
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