Abstract This project entails opening two Subway Restaurant franchises. The project is described and potential problems identified. The mission‚ scope‚ and measuring the progress of the project are also discussed. The first step is applying to Subway for a franchise. Once the application has been accepted‚ the real work begins. Using Microsoft Project‚ each phase of the project can be monitored to ensure successful completion. Outline I. Project Plan Overview A. Description of the project
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� SUBWAY SANDWICH PHASE 1: IDENTIFYING PROBLEM Subway is a franchise sandwich store that has been established in the market since 1965. They have been famous for their classic sandwich combinations and also their customization of sandwiches that meets customer’s specific needs. Currently Subway is the largest Sandwich franchise in the world and has a total of 30‚272 Stores in 87 countries around the world. Thailand is one of the countries that hold a Subway Sandwich franchise license. In Thailand
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ASSIGNMENT IN BUSINESS FRANCHISING Top International Franchises Top National Franchises Submitted by: GERARD ANDREI B. DEINLA BSBA MARKETING MANAGEMENT Submitted to: DR. EDITH S. BUNUAN PROFESSOR IN BUSINESS FRANCHISING Top 10 International Franchises of 2014 The results of Entrepreneur ’s 35th annual Franchise 500 confirm that franchising continues to rebound‚ with these top 10 franchises leading the way. Here we highlight their success strategies and plans for the
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Name of Business Just Fries (Pty) Ltd Entrepreneur’s Name Address Contact Numbers Contents 1. Summary of Intention 1.1 Start-up Summary 1.2 What do I get for the set up cost? 1.3 What do I get for the initial stock purchased? 1.4 What is meant by initial working capital? 1.5 What sort of return on investment can I expect from my business? 1.6 How the loans will be repaid? 2. Business Profile 2.1 What
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Is it better to buy a franchise than starting your own business? 2013/12/15 Going into business is a big decision for many aspiring entrepreneurs. One way is to start a business from scratch; the other way is to buy a franchise with a well-known brand name. Each one of these alternatives has its cons and pros. When the choice has been made the next question becomes what kind of business to choose (Ralph‚ 2013). There are so many different options to choose
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INTRODUCTION TO FRANCHISE MANAGEMENT DEFINITION : *In simple terms‚ a “franchise” is an agreement between two parties which allows one party i.e. the franchisee‚ to market product or services using the trademark and operating methods of the other party i.e. the franchisor. (bfa) *“A franchise operation is a contractual relationship between the franchisor and franchisee in which the franchisor offers or is obliged to maintain a continuing interest in the business of the franchisee in such areas
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ASSIGNMENT I have chosen SUBWAY® as an Multi-National Company for my assignment. Subway was opened by Fred DeLuca at the age of seventeen in 1965 with the help of a friend‚ Dr.Peter Buck‚ who invested $1000 in his first sandwich shop which was named Pete’s Super Submarine which was located in Bridgeport‚ Connecticut which was meant to fund his dreams of becoming a doctor. He set a goal of having 32 stores in 10 years but by 1964‚ they had only 16 stores. They realized that they would not be able
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In this case studies ‚ the bsuiness modal that Boost Juice Bars using is franchise model‚and the answer is YES‚ beacause this type of business modal can survive in our country and grow very well and become stronger and stedy compare with other model of business. There are few example that running very well in our country‚First is Daily Fresh Food which is involve in F&B sector‚ there are 1‚099 outlet in our country and the total revenue is RM 18‚998‚254 per anual.The second company is Smart reader
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Dunkin’ Donuts franchise team will contact you after they review the application‚ receive and review Franchise Disclosure & Qualification Package‚ provide proof of citizenship or Permanent Resident/Alien Registration Card‚ provide proof of assets and credit check and initial financial review completed. In Business plan‚ once initial screening is complete meet the franchise manager‚ contact due diligence or talk with existing franchisees‚ select territory and develop business plan. In Financial review
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Extended Response Explain the differences of establishing a business from scratch and setting up a franchise. Evaluate the success of franchises in Australia (refer to examples). There are significant differences between establishing a new business and setting up a franchise. Starting a business from scratch often takes a long time and a large amount of capital to accomplish‚ but the rewards can be substantial. A franchise is a business that is licensed to trade under a recognised brand name for
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