ASSIGNMENT –BMNV 5103 1 JANUARY SEMESTER 2015 BMNV5103 NEW VENTURE DEVELOPMENT ASSIGNMENT OBJECTIVE: The assignment is intended to foster the following objectives: a. Improving your critical thinking and application skills. b. Identifying various sources of financing and skills management for different stages and types of new ventures. c. Conducting a brief research and case study analysis on how a new venture acquires and fulfils its business needs and preferences within different stages
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Denver, Colorado. The Quiznos concept and menu was created by restauranteur Todd Disner and chef Jimmy Lambatos. Their toasted subs, specialty recipes, and quality ingredients made them immensely popular. Two years after opening, the company began franchising, and in 1991 Quiznos had 18 locations. Also in 1991, the company was sold to franchisees, father and son duo, Rick and Richard Schaden. The Schadens were motivated to grow the company; and by 2007, Quiznos had more than 5,000 locations
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Choong-Yil Kim Submission Title: McDonald’s Business Model [Use this document as a template by filling in your answers to the business model analysis questions below each underlined heading.] A VALUE-CREATION MODEL 1. Who are the customers and what is the product/service offering? There are two types of customers: - Direct customer: franchisees and general customers that use McDonald’s own stores. - Indirect customer: customers who look for fast &
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Introduction This report is the internet marketing analysis for Church’s Chicken. For over 60 years the franchise has been known for making quality chicken at a reasonable price. Church’s Chicken, which became a billion dollar business back in 2006, expected to reach another billion-dollarindustry. With over 1,500 restaurants worldwide, Church’s Chickenhas grown significantly since its opening in 1952. Church’s Chicken originally intended to be a private owned business. However eventually became
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years. The owner Orlando Nero, is considering expanding the business thru franchising. His company specializes in designing space and installing furniture and shelving for customized home offices, craft rooms, laundry rooms, and closet organizers. Mr. Nero recently did research on the pros and cons of franchising. He’s aware that he has to clearly define his goals/expectations for the potential franchising of OS. Franchising would provide more financial stability for Mr. Nero; the potential franchisee
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I made a research and decided to choose a cleaning services franchise. I chose the Maid Simple House Cleaning Franchise. It offers light cleaning services including dusting, mopping, vacuuming, and tidying. Generally, two employees perform cleaning services at each customer's home. I chose this franchise because it is a growing company with 30 years history. It is home-based business. That means tmore freedom, tax advantages. Maid Simple House Cleaning is helping aspiring enterpreneurs since 1979
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and established seven retail locations in only three years in Connecticut. If Bagelz decides to franchise, the flexibility will be more restricted. To get a new idea through and furthermore to have it accepted will be a longer process under franchising. Mike took over interest in the business in 1991 in the form of a limited partnership. He has already proven that he has the knowledge and skills to run a business. Within a year Mike became full partner in the company. After negotiating for
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Retail Food Group background Retail Food Group Limited or 'RFG' is a leading Australian retail food brand manager and franchisor with over 1,200 franchised outlets under its stewardship. It is currently the intellectual property owner, franchisor and manager of the Donut King, Michel's Patisserie, Brumby's Bakery, bb's cafe, Esquires Coffee Houses and Pizza Capers Gourmet Kitchen franchise systems. Retail Food Group (Australia) was first established in 1989 for the purposes of developing
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The gross profit margin is used to analyze how efficiently a company is using its raw materials, labor and manufacturing-related fixed assets to generate profits. Management has much more control over operating expenses than its cost of sales outlays. Thus, investors need to scrutinize the operating profit margin carefully. Positive and negative trends in this ratio are, for the most part, directly attributable to management decisions. A company's operating income figure is often the preferred
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November 2012 Franchising as a Development tool Alvaro HIDALGO reunites cross sector experience in Investment Banking, Hospitality and Energy in LATAM, US & EMEA and has led Technical Assistance programs for Public Sector Reform, Public Enterprise Reform and Poverty Reduction programs in LATAM. As an Agribusiness Social Franchise Entrepreneur, founded a Start-up for the introduction of IT in small agriculture facilities to enable traceability of produce, resulting in a higher added value for
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