Abstract As a successful business going from individual businesses to a partnered business, West Mocha Hills will need to look at the benefits of having a joint networked environment. How will it affect the business, the staff and the network? The key devices that will be required, what will change throughout the network to ensure it is a stable network. How will it affect he customers, will it be beneficial to them and the business? The business will go through some changes including the cost effectiveness. Networking the business networking will focus on the attention that a growing organization will get and developing two-way dialogues will benefit all the parties involved. Proposal for West Mocha Hills joint networked environment Introduction As a starter franchise business, it is key that the network is stable and structured so that the business don’t experience any problems. As a network, it is key that the business consider the negatives as well as the benefits of being a networked environment. The expansion of a business network is crucial in general, it helps a business to be stable and efficient in many ways than one. Networking a business enables you to combine the different equipment and combine the skills of different people from the different locations. Staff can share information and ideas easily, so they can work more efficiently and productively, this will also improve commercial advertisement for the business such as purchasing, selling, and customer
1. Franchisees gain numerous advantage when they purchase a franchise. First, while a franchisee may be opening a new store, it is part of an already established business and system. This means a franchisee has access to turnkey operations, allowing an increased speed to establishing and growing the business. Franchisees also get support for management and training activities, as well as financial assistance. Going hand in hand with this, a franchise already has an established brand name, quality of goods and service which have been standardized across the franchisor’s larger company, and national advertising programs from franchisors. Franchises also have large-volume, centralized buying power. A franchise has proven products, and
Each location has its own local network thus it is distributed across the company, however this has its pros and cons that can affect the company. With the implementation of a WAN as defined in Telecommunications Essentials “A wide area network (WAN) is a group of computer networks connected over long distances by telecommunications links, which can be either wireline or wireless.” (Goleniewski & Jarrett, 2007, p. 201) The benefits that a WAN will bring to Kudler Fine Foods is a centralized management of all systems and an ease of use communication from store to store. As stated earlier along with the WAN, each location will also be implementing a WLAN. This shall improve network coverage and give each location the ability to place computer systems or POS machines in locations that may have not been possible before due to the lack of a hardline or ability to install a new line. Wireless technology has greatly improved over the years and has transitioned from an additional layer that may not be needed or only added if there was room in the budget to a
The franchiser can attain rapid growth for the chain by sign- ing up many franchisees in many different locations.
As I frequent the restaurant I have seen first-hand that the management would need an over haul if franchises were ever to be a possibility. Managers at different locations do things differently. An example is the way their subs are made. At one location, onions and tomatoes are put on the Italian sub at another location, these items are not a usual topping, so you must ask for them. There are some difference that would need to more uniform. I understand franchises have their own personal touches to products however the product should have more universal likeness as it is the same
The first choice of business is the franchise. In a franchise, legal binding agreement is entered into between two firms, the franchisor (the product or service owner) and the franchisee (the firm to market the product or service in a particular location). The franchisee pays a certain sum of money for the right to market this product” (Rubin, 1978, p.224). The franchising is more prevalent in the restaurant industry (Hoffman & Preble, 2003). The two distinct features of this business type include; first, in order to notable service components should
Pros. There are many pros associated with buying a new business format franchise. First, since the franchisee obtains the parent company’s business model, individuals who are interested in starting a new business but are not confident in their abilities or lack experience in business, will receive a successful model to emulate (Williams, 2011). In addition, the franchise may also help the franchisee determine the best location for the business, help with the acquisition of equipment, and may help finance the endeavor. Next, most
Ferrell, Hirt, & L. Ferrell, 2009). Owning an establishment enables you to start a new business for yourself, but with help. A franchise provides franchisees with some independence where they can work their business. A franchise offers an already established item or service which is well-known. This gives the franchisee the advantages of a pre-sold client base which would usually take years to set up. A franchise expands your odds of business achievement since you are a partner with substantiated items and strategies. Establishments may offer purchasers the fascination of a specific level of value and consistency since it is ordered by the establishment understanding. Given Sonic success rate, the advantages outway the
With an expectation of significant growth not only in their organizational size but also the in the number of premises that will be utilized alongside the larger organization, XUMUC needs to ensure that the network and infrastructure foundations allow for such growth and expansion opportunities while ensuring at the same time that several already
Franchisees are our most important partners. With this mindset, our goal is to operate as one system, drive sales and operate the best restaurant system in the world.
As anyone who has owned a business knows there are several aspects of running a company that can go wrong, some of which are out of your immediate control. Some of these lessons can be costly, so it will be comforting to have a blueprint for success, which I feel a franchise can provide. Being a part of a franchise system offers another clear advantage and that is the franchisor has a vested interest in helping the individual franchises grow. It also behooves other franchise owners to assist each other offering advice, when asked, and sharing successful marketing ideas. Contradictory, a consulting business where much of the work is done remotely does not offer this support group, as these would also be your chief
In North America alone, new franchise opportunities are popping up daily, giving these interested individuals a variety of tools designed to grow both their businesses and the studies of their customers. Just like any other venture, though, there are both advantages and disadvantages to purchasing a franchise of a larger parent company.
It has its advantages and disadvantages to franchise the business. It is a careful decision to make for anyone to invest a lot of money into a franchise and everyone should be comparing pros and cons.
Franchisors are increasingly having to be more and more selective in the adoption of franchisees with factors such as economic climate and the potential difficulty with growth playing key factors in the decision making process. It is not simply an ability to grow which creates a successful Franchise and nor is it the desire of any franchisor to adopt every potential franchisee. Franchisors are becoming more and more scrutinising as the global economy declines. There is a general understanding within any franchised
Not having to answer to a corporate boss is the dream of many and the flexibility that owning a business franchise creates provides this option. Success is not reached by simply creating a business, however. The level of success is measured by the size and efficiency of the business. Business growth is the driving force of the economy. The additional jobs and revenues created when a business expands allow the economy to grow at exponential rates. One of the fastest and most popular ways to increase the size of a business is to turn it into a franchise, which can then be purchased by individuals. Franchising provides opportunities that are beneficial to both the parent company and the purchaser. The company that owns the business can expand
‘As a result, expansion can proceed at a much faster pace than would otherwise be possible, enabling the franchisor to achieve increased market share whilst benefiting from economies of scale.’ (http://www.butterfield.co.za) Finally, franchisors can benefit from the cultural knowledge and know-how of local managers. This can be helpful in lowering the risk of business failure in unfamiliar markets, as well as creating a competitive advantage. Franchising offers franchisees the advantage of starting up a new business quickly based on a proven trademark and way of doing business, as opposed to building a new business from scratch. The franchised business is based on a proven idea and has an existing customer base, therefore making it much easier to sell your product than it would if you were to start up your own business.