1. 2. Franchising is the practice of the right to use a firm's business model and brand for a prescribed period of time. The word "franchise" is of Anglo-French derivation—from franc, meaning free and is used both as a noun and as a (transitive) verb. For the franchiser, the franchise is an alternative to building "chain stores" to distribute goods that avoids the investments and liability of a chain. The franchisor's success depends on the success of the franchisees. The franchisee is said
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Name: 馮光合 Student ID: M0414102 Foreign market entry modes 1. Exporting: Exporting is the process of selling of goods and services produced in one country to other countries. There are two types of exporting: direct and indirect. * Direct Exports The most basic mode of exporting made by a (holding) company, capitalizing on economies of scale in production concentrated in the home country and affording better control over distribution. Direct export works the best if the volumes are small
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Dayan v. McDonald’s Corp. (p. 9) The client: McDonald’s Corp Background of the case: McDonald's gave Dayan an exclusive franchise to operate McDonald’s restaurants in Paris, France. McDonald’s required Dayan adhere to all quality, service, and cleanliness standards set by McDonald’s, Dayan agreed. The parties made an agreement which stated the reason for Dayan must maintaining QSC standards was that a “departure of restaurants anywhere in the world from these standards impedes the successful
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likely start-up costs and probably most importantly, likely earnings from owning a franchise unit. If you are interested in finding out more about a franchise, it is essential that you get a copy of their latest FDD. | | Date Incorporation: 1954 Franchising Since: 1955 Headquarters: Canton, Massachusetts Business Description: A Dunkin' Donuts Store sells coffee, donuts, bagels, muffins, compatible bakery products, sandwiches, as well as other food items and beverages compatible with the franchisor’s
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Anytime Fitness continues to “maintain robust growth rates as the world’s largest and fastest growing 24-hour co-ed fitness franchise since their founding in 2002” (Anytime Fitness, 2012). Whenever looking to enter a franchise agreement, startup costs become a vital point. Anytime Fitness’s website provides numerical figures for average startup costs for both a complete fitness center and a fitness express center which doesn’t have as much square feet or perks as a regular center; fitness center
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2009 annual report The DineEquity difference. differentiated brands. disciplined approach. dynamic leadership. dedication to being the best. Our commitment to differentiating the Applebee’s and IHOP brands drives everything we do. At DineEquity, we leverage the resources of the largest full-service restaurant company in the world with the agility to connect with guests on a local level. We are working harder than ever to energize the brands, optimize operations, expand our market share and
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EUROPE Effective: 05/2011 Euros Franchise Capital Requirements Traditional GENERAL BREAKDOWN FOR : LOWER COST MODERATE COST HIGHER COST METHOD/ WHEN DUE INITIAL FRANCHISE FEE REAL PROPERTY ** LEASEHOLD IMPROVEMENTS EQUIPMENT PURCHASE SECURITY SYSTEM (Not including monitoring costs) € 7,500 or € 10,000* € 2,500 € 25,000 € 40,000 € 1,000 € 2,900 € 2,000 € 3,000 € 1,000 € 1,000 € 2,600 € 1,500 € 1,500 € 2,000 € 6,000 € 7,500 or €10,000* € 8,000 € 43,000 € 50,000 € € € € € € € € € € 2
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Bachelor in Information Technology Program U10a2 Enterprise Architecture Proposal for Ralph’s Ribs For IT3200, Section 05 Rolando Rueda-de-Leon Submitted 9/17/2010 Table of Contents Executive Summary 4 Analysis of the existing foundation for execution 4 Organization Chart 5 Definition of the Operating Model for Ralph’s Ribs 5 Business Process Standardization 6 Recommended Process Standardization 6 Comparison of Operating Model
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and prioritiz in recognizing the strengths and weaknesses of the underlying business model of Mang Inasal. In the new business of franchising, it is critical to develop evaluation, documentation, training, mentoring and consulting skills, all within an ongoing, long term franchise relationship. The study will conduct analysis of opportunities and trends in franchising Mang Inasal to be able forecast the profit of the business. Once the market analysis are done , it would be better to developed realistic
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every year, can be attributed to its quality products and the conscientious implementation of standards that come with them. Sustaining Brand Leadership and Popularity In 1960, Mr. Rosenberg founded an International Franchising Association, which gave Birth to the Business Franchising Model of the brand. This facilitated the rigorous and intensive preparation of any new Dunkin’ Donuts Franchise aspiring to carry the brand. In 1963, Mr. Robert “Bob” Rosenberg became the President and the Chief Executive
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