Task 3) You may consider franchising your business at some point. Discuss with justification, the type and model of franchise that your business will enter into. (The selected business is a Solar Panel Company)
Q: SUBJECT - BUSINESS WHAT IS BUYING A FRANCHISE? (WRITE ABOUT A TO Z) EXPLAIN BRIEFLY.
A: Business can be done in the form of partnership or sole proprietorship or any form. The people can…
Q: The Founder 1) Even though drive-in restaurants were already popular in America in the 1950’s,…
A: The success story of McDonald is evident and it still holds a great value in the lives of people.…
Q: QUESTION 3:Discuss the team work in an enterprenuership organization
A: 3 - Teamwork involves different people and different groups across your business working together to…
Q: Which one of the following is not an example of a business organization? Select one: a. Corporation…
A: The answer is option C. Collaboration. Collaboration is not an example of a business organization.…
Q: Explain the FIVE (5) advantages of operating a franchise business.(150 words)
A: Below are the five advantages of operating a franchise business and they are as follows- 1. CAPITAL…
Q: Why did toys r us file for bankruptcy, what went wrong and what should they had done to avoid it
A: Toys” R” Us is a well-known toys, clothing, and other baby products brand of America, which was…
Q: Sanita bought 45% of Snaidero kitchen design, this is known as: O Franchising O Greenfield…
A: Acquiring a particular share of a company makes an individual stakeholder of the company…
Q: list down what qualities do you want from a business partners
A: ans 1=Following are qualities to look for in prospective partners to foster a robust working…
Q: Why Buying a Franchise is in general good business, Some sources estimate that a franchise has a 90%…
A: Owning a franchise is a convenient way to start your own company without having to start from…
Q: please answer all the questions: 1- Define: A- Sole Proprietorship. B- Partnership. C- Corporation…
A: A business or organization are classified into many parts. Businesses run in order to achieve profit…
Q: Franchising A franchise is a type of business that is owned by individuals whilst being linked to…
A: Establishes Instance Contrary Technically Acknowledged
Q: kinds of problems should a prospective franchisee look out for when considering a franchise?
A: Management is an art and science of directing and controlling a group of people or an organization…
Q: (1) Are you a good candidate for owning andoperating a franchise? Why or why not? (2) Thinkabout a…
A: Franchisee means where the actual owner will allow using the name of its brand, logo, and…
Q: Which of the following is not true about legal forms of business? a. Facebook, Amazon etc can be…
A: Business ownership: It depicts the control over the business by its owners (single or group of…
Q: Advise John how to ensure if the franchise to get into is a good one?
A: While choosing the franchise it is really very important to analyse various factors and to reach a…
Q: Which is true with regards to the disadvantages of the major business organization?
A: A business offers a product or service to its target market. Businesses should try to solve the…
Q: Which type of board is actively involved in all the major decisions of the firm? Select one: O…
A: Board of Directors or Board refers to the group or panel of people elected protect the interest of…
Q: Write a letter advising a hypothetical sole proprietor to choose another form of business ownership.…
A: Many small business in USA has jumped from sole proprietor to Limited Liability Company (LLC).…
Q: Part 1: Based on the Forbes column from the readings list and any other resources you would like to…
A: Small company is characterized as an exclusive organization, association, or sole ownership that has…
Q: Discuss the possibility that your startup might become a franchisor in the future. If your business…
A: A franchise business model has a lot in common with entrepreneurialism. The word franchise describes…
Q: You love building and fine-tuning businesssystems in order to figure out the best ways to createand…
A: The world and organizations are global these days. The organizations are trying to gain a…
Q: Camp Dorcas Limited is exploring the possibility of entering the oil industry. It has done its due…
A: Franchising is a process of business expansion. This is a very popular technique where the…
Q: When starting a business, choosing which kind of business entity to form is an important decision…
A: ANSWER : A C Corporation legally separates owners' or alternately shareholders' assets and income…
Q: The benefits and drawbacks of being a franchisee are as follows: Is a franchise a viable option for…
A: The advantages and limitations of a franchise business from the point of view of franchisee are…
Q: Co.) and private (XYZ Pvt. Ltd Co.) company respectively. Give a brief description of privileges…
A: Incorporation is a legal process in order to form a company or a corporate entity. In other words,…
Q: Please one type of corporation 2 – What are the advantages to this type? 3 – What are the…
A: Corporations are a famous type of business association for huge and independent ventures. In this…
Q: 1.a)Traditional women business owners are Select one: O a. neither committed to entrepreneurial…
A: Note: We are authorized to answer only one question at a time. Since it is not mentioned which…
Q: (1) Why might a business owner with a successfulconcept decide to sell franchises rather than…
A: Answer Introduction of Expansion Trade Extension may be organized where the commerce comes to the…
Q: Which are advantages of sole proprietorship? (Check all that apply) Profits go to the owner…
A: A sole ownership business implies a business claimed by a solitary individual. A sole owner places…
Q: 1. From among the four types of business structures (sole proprietorship, partnership, corporation,…
A: Sole Proprietorship: Sole proprietorship is a business form which is managed and owned by a single…
Q: Angel Medina wants to purchase her Aunt’s beauty parlor. Because it is an ongoing business, Angel…
A: A business plan is a written summarized document that contains the financial and operational…
Q: Challenge 1: Getting Started 1. doing so? What type of business would you set up? What would be the…
A: Every business should be ethical in their practices to ensure the success of it in public. The…
Q: Tell me a profile of Procter & Gamble's (P&G) respective products and services. What is the…
A: Overview of Procter & Gamble's (P&G): The Procter & Gamble Company was founded in 1837…
Q: 1. How much is the Starting Capital/loan when doing a business plan for a coffee shop? (What are the…
A: 1) Starting capital is the fund required when opening a new business. This start-up capital can be…
Q: In the case of a franchise, there's no central ownership actively involved with all of the stores.…
A: Franchising is a unique way of entering foreign markets because it needs little financial investment…
Q: critically discuss with examples the advantages with explanation of BUYING a franchise.
A: Franchising is a well-known business methodology. Franchising is a type of the authoritative…
Q: In analyzing franchise organizations such as McDonalds and Tim Hortons, explain the following: (a)…
A: McDonald's is the leading fast food chain in the global food market which was established in the…
Q: When Heidi Ganahl talks with franchisees about performance expectations and measurements, what part…
A: Franchise is a distribution of goods and services which involve a franchisor , franchisor is the one…
Q: Mr Abdullah has a small business. Because of several reasons, he could not expand his business. Now…
A: A business is operated with different forms based on its functions size of business. There are…
Task 3)
You may consider franchising your business at some point. Discuss with justification, the type and model of franchise that your business will enter into. (The selected business is a Solar Panel Company)
Step by step
Solved in 4 steps
- 1. Corporation size, Employees. When a coporation type business has about over 4,000 employees what does that mean? Does it make the firm a lot more profitable or productive than the other corporations/competitors? Explain.QUESTION 1 With the aid of practical examples from an identified start-up, identify and explain 4 major differences between a business model and a business plan. QUESTION 2 You intend to start a business with a few friends producing independent movies for Netflix. You have heard of a concept called the liability of newness that suggest that that new firms are more likely to fail relative to older ones. Discuss 4 strategies that your entrepreneurial team will adopt to overcome this liability.Answer the question in paragraph format What strategy should an entrepreneur employ when selecting a personal board, an advisory board, or a board of directors?
- Advise John how to ensure if the franchise to get into is a good one?1. Ask yourself and list down what qualities do you want from a business partners, and then identify people who have these qualities to be a partner for a small business project. 2. Answer the following: What market - product can be converted into business opportunity? What role will each of the partners play (who to do buying, who to do marketing, who to do selling, who to do delivery, etc.)? Who among you shall be the head of the partnership? Why? How will profit be split? What are sales goals weekly for the next four weeks? 3. Who among the successful entrepreneurs you know can be your mentor? Why?You love building and fine-tuning businesssystems in order to figure out the best ways to createand deliver products, solve customer problems, and soon. After 10 years in a corporate job, you’re ready toapply this passion to your own company. You’reintrigued by the systematic approaches the world’s mostsuccessful franchising operations use to multiply theirmarket reach. Would buying a franchise be a goodchoice for you? Why or why not?
- What kinds of problems should a prospective franchisee look out for when considering a franchise? What kinds of scams are typical in the franchise industry? not essay or assignmet just a paragraph to help understand the conceptMo. Outcomes: Discuss the issues that entrepreneurs should consider when evaluating different forms of ownership. Describe the advantages and disadvantages of the sole proprietorship, partnerships, and corporations. Describe the features of the S corporation and the limited liability company. Discuss the alternative options for corporate forms, both for-profit and non-profit, available to social entrepreneurs. 2.2 Action Required: Watch the short video at the following link https://www.youtube.com/watch?v=0k8ljlnBAQIT News) - YouTube 2.3 Test your Knowledge (Question): What is a sole proprietorship? What drawbacks should be considered? 2.4 Instructions Answer the question available in the “Test your Knowledge” section. Post your answer in the discussion board using the discussion link belowSUBJECT - BUSINESS WHAT IS BUYING A FRANCHISE? (WRITE ABOUT A TO Z) EXPLAIN BRIEFLY.
- Which of the five business environments are the most relevant for grubhub 2) what are the risks and benefits of becoming an entrepreneur as opposed to working for others 3) what is the major challenge presented by comepitors like Amazon and Uber to grubhub's business 4) how does limited liability partnership differ from a general partnership in terms of liability 5)why would someone choose to francihise what are the advantages of owning a franchise 6) how is a franchise different from a partnershipwhat is the company background of Jollibee?Why Buying a Franchise is in general good business, Some sources estimate that a franchise has a 90% or better chance of success. Some of the reasons ?