1. a. Franchise for sale up to $20‚000 - Wealth Masters international b. $20‚000 - $50‚000 - telcoinbox c. $50‚000 - $100‚000 - Fast Way Couriers d. $100‚000 - $250‚000 - Raw Energy e. $ 250‚000 - $500‚00 - Sumo Salad f. $500‚000 - Nandos 2. Wealth masters international - doesn’t require business knowledge‚ has a great support systemto help you and empowers poeple to build a successful business. The investment required is $2‚300 - $19‚995. Territory - national/global
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Concept of franchise There are thousands of franchised businesses‚ covering nearly every conceivable industry‚ from well-known national brands to smaller‚ local opportunities. The challenge is to decide on one that both interests the investors and is a good investment. The term franchise basically illustrates the concept of buying an international company and using in a different country/state. In other words it means one is buying the right to use a specific trademark or business concept. The
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Types of Franchising There are three basic types of franchise; 1. Trade name franchise Trade name franchise involves a brand name such as True Value Hardware or Western Auto. Here‚ the franchisee purchases the right to become identified with the franchisers trade name without distributing particular products exclusively under the manufacturers name. 2. Product distribution franchise A Product distribution franchise licenses the franchisee to sell specific products under the manufacturers
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Zara Business Plan Haley Burton Neil Colombini Brendan Morley Franchise A few broad questions related to the finance sector of the franchise are: Do you have the financial resources or means to get the resources required to buy a franchise?‚ will your capital provide you with a cushion for at least one year after you have paid for the franchise‚ allowing a one-year period of time to break even?‚ what is a high estimate of your fixed expenses such as rent and your variable and operating expenses
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Franchise Have you ever noticed when you are out in your local shopping district just about everywhere you look there is a McDonalds‚ Taco Bell‚ or Pizza Hut? These types of businesses are known in the business world as franchises. The franchise is a business that is individually owned but it is licensed to operate under the umbrella of a major corporation‚ as Henry Cheeseman states in chapter 40 of his book Business Law‚ a franchise is a separate corporation from a corporation. When a person
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MAF 680 INTEGRATED CASE STUDIES GUIDELINE TO CASE 3 – FRANCHISE BUSINESS A. STUDENTS ARE REQUIRED TO FORM A GROUP THAT CONSISTS OF NOT MORE THAN TWELVE (12) MEMBERS IN A GROUP. B. THE LEADER OF THE GROUP IS REQUIRED TO GATHER THE NAME AND MATRIX NUMBER OF ITS MEMBERS AND FORWARD THIS TO PUAN AINUL (HEA UITM KBM)‚ INORDER FOR THE OFFICER TO PRODUCE A LETTER OF ACKNOWLEDGEMENT/CONFIRMATION THAT YOU ARE THE STUDENTS OF FACULTY PERAKAUNAN UNDERTAKING MAF680 AND ARE REQUIRED TO DO FIELDWORK AND TO DO
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Isabel Rodriguez Business 1 Dr. Frank Alderete September 16‚ 2013 Report: Franchise What is a franchise? A franchise is a right granted to an individual or group to market a company’s goods or services within a certain territory or location. Franchises are a great avenue to business ownership for those with the entrepreneurial spirit-and they’re playing a definitive role in driving the economy upward. If you are thinking about buying into a franchise system‚ it is important that you understand
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ZARA in Indian and Chinese market Zara is a very renowned brand for its latest designs and is among the top 100 best global brands in 2010 and its unusual strategy of zero advertising and instead invests the revenue in opening new stores across the world. The middle-aged mother buys clothes at Zara chain because they are cheap‚ while her daughter aged in the mid 20’s buys Zara clothing because it is fashionable. Clearly Zara is riding two of the winning retail trends firstly‚ being in fashion and
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ZARA CASE STUDY: THE COMPANY WHERE EVETHING COMMUNICATES Paloma Díaz Soloaga and Mercedes Monjo ZARA CASE STUDY THE COMPANY WHERE EVERYTHING COMMUNICATES Paloma Díaz Soloaga. Head of Fashion Communication and Management. Centro Universitario Villanueva. Universidad Complutense de Madrid. SPAIN soloaga@villanueva.edu Mercedes Monjo. Responsible Textile International Marketing‚ Men’s Collection Carrefour. SPAIN This case has been published by the Journal HARVARD DEUSTO MARKETING
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Franchising business is based on relationship as the franchisor will licenses its trade name like the brand and its franchising operating methods to the franchisee who agrees to operate according to the terms of a contract. Franchise business provide advantage to the franchisee as it offers reduced uncertainty‚ well-known trademark product or service‚ faster opportunity to earn profit ‚ leadership and support. However‚ with new franchise concepts popping up constantly‚ not all are destined to succeed
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