Easy Internetcafe Franchise Questions: 1. Steps for opening each franchise are as follows: Step A: contract is signed with franchisee Step B: Cafe location is selected either by the franchisee or with Elc assistance. Step C: Broadband internet connection must be established. Each country steps to establishing a connection is different. For example one country might have a long lead time with a requirement of a certain labour union to install compared to countries where the franchisee can install
Words: 288 - Pages: 2
issues in Cheung’s development strategy: 1. How does Koyo enter to the Chinese market? 2. How to balance Cheung’s own satisfaction and the profit of the company? Cheung considered to concern more on the Chinese market. He could choose either to franchise or to own its proprietaries directly. Franchising helps to access to the market easily. More information and know-how can be acquired to solve the problems. Direct investment requires more capital and contains more risks but the company can obtain
Words: 2149 - Pages: 9
Appetea is looking into developing and putting up full-sized dine-in stores. These stores will be offering a wider array of drinks and toppings to choose from. These store will also be offering food to complement its existing beverage lines. Bon AppeTEA is a unique franchise concept bringing the new generation of great tea concoctions at a very affordable price. Bon AppeTEA came from a words combining “bon appetite” which means “good appetite”, and its main product – the Milk TEA. VISION * To maintain a profitable
Words: 1640 - Pages: 7
Owning a Slice of Domino’s A franchise agreement is an arrangement whereby someone with a good idea for a business (the franchisor) sells the rights to use the business name and sell a product or service (the franchise) to others (the franchisee) in a given territory (ie. Pizza). When it comes to the realm of competitive delivery pizza I know next to nothing; however, after thoroughly researching the industry, I have come to the conclusion (given that I have the means to acquire the necessary capital)
Words: 1105 - Pages: 5
as well as the annual fees. Various tangibles and intangibles such as national or international advertising, training, and other support services are commonly made available by the entity licensing the 'chain store' or franchise outlet (commonly shortened to the one word: franchise), and may indeed be required by the franchisor, which generally requires audited books, and
Words: 319 - Pages: 2
Subway Franchise Course Instructor’s Name 11 August 2012 Subway Franchise The franchise concept has several advantages for both the franchisor and the franchisee. For the franchisor, offering a franchise arrangement means an easy access to capital formation brought about by the investments of franchisees (Om Sai Ram Center for Financial Management Research, 2006). Furthermore, it provides incremental income for the franchisor through royalty payments. Another advantage
Words: 1378 - Pages: 6
is among the successful franchises that have utilized information systems to get them to where they are today. Information systems are an important part of the plan for success. There is much to be said about a franchise unit that does not operate using an information system. According to Britannica Online an information system is an integrated set of components for collecting, storing, processing, and communicating information. It is the heartbeat of many franchises and allows owners to manage
Words: 1425 - Pages: 6
with favourable funding terms. There's also a training deposit of £5,000 which is refunded when the franchisee complete your training, along with a one-off franchise fee of £30,000. There are also ongoing fees. Including rent, a service fee and contribution to the national marketing spend. The returns of choosing McDonalds as a franchise include cashflow ranging from £95000 to £200,000 each year, however this value isn’t guaranteed; and may be more or less. Why McDonalds? McDonalds prize themselves
Words: 259 - Pages: 2
Considerations and Requirements for Franchising Agreements: The franchisee is licensed to use both the trademark and the operating system according to the terms and conditions mentioned in the franchise agreement. Both the franchisor and franchisee must fulfill their obligations under the contract. Before granting franchisee the right to use the name,logo and run the business, franchisee and also the franchisor must reach some requirements. It is same for Aarong. Aarong also has to consider the fact
Words: 545 - Pages: 3
Case Study: Franchise Strategic Planning 1. What inputs did Allegra management use to formulate their strategic plan? The basic model management of Allegra is franchising. Franchising - is an organization of business in which the company (the franchisor) transfers to an independent person or company ( franchisee) the right to sell the products and services of this company. Franchisee agrees to sell the product or service at a predetermined laws and regulations of doing business that sets the
Words: 740 - Pages: 3
