Franchise Essay

take on risks (Forbes, 2013, online). A franchise is an arrangement between the franchisor and franchisee where the franchisor will give the rights to the franchisee to use its trademark/trade-name and some business systems to produce and market a good or service. There are two types of franchises, one is product distribution is where the trademark and logo is provided although the business systems are not provided. Another type is a business format franchise is where the product and trademark is used

ProntoWash USA Franchise ProntoWash USA was created in 2002 as a member of ProntoWash International. ProntoWash USA is a franchise company that provides consumer-friendly hand car wash and detailing services in its parking locations. Such locations are malls, corporate buildings, complexes, strip centers and individual building lots. ProntoWash is the global leader in car wash services. This car wash franchise opportunity has revolutionized the car washing business with an environmentally friendly

can pursue a franchise or open an independent coffeehouse. One business brings market ready supplies and the other requires greater diligence in planning and management. Opening a franchise brings a brand name and materials to a business to produce instant recognition and bring in brand loyal consumers. A franchise creates a business relationship with a franchisor to bring a brand name, trade dress, and trademark to a franchisee (Kubasek et al., 2015, p. 431). In turn for the franchise material and

TASK ONE: Q1.1 IDENTIFY TYPES OF BUSINESS FRANCHISES AND DIFFERENTIATE KEY FACTORS. RESEARCH AND PROVIDE EXISTING OF EACH TYPE IN RELATION TO EXISTING FRANCHISE BUSINESS OPERATION. FRANCHISE TYPES MUST INCLUDE THE FOLLOWING: ANS: • INTEGRATED BUSINESS OPERATION: Integrated business means combine business where two companies can run their business under one name. For example: In fix franchise they run two businesses one is coffee business and second one is subway business. • SINGLE PRODUCT OR SERVICE

- MICHELL GEORGE HOW IS A PRIVATE LTD. DIFFERENT FROM A FRANCHISE? Franchise: It is the authorization or a license given to an individual or a group by a government or company allowing them to carry out commercial activities. Examples of franchise would be providing a broadcasting service or acting as an agent for a company’s product. Franchising is one of the three strategies that businesses use to gain market share. Companies that want to give a good image of their products to their customers

Contemporary issues in hotel industry: - A comparison of the performance of independent and franchise 1) Correctly identify explicit and implicit assumptions, challenges to the assumption made with their evidence. (15 marks) Although, franchisee plays a dominant role in the hospitality industry but there are still many entrepreneurs who enters the industry as independent hoteliers. These independent hoteliers have the zeal to work and the independent performance has often been evaluated in comparison

of this study is to determine which of the three franchises chosen for investigation from the Famous Brands group would be the best investment for an entrepreneur. Chosen Brands: Wimpy Steers Mugg & Bean During this investigation I will do research on the internet and other media as well as conduct interviews with the managers and other key staff of one of each of the franchises being investigated. Wimpy: Background: Wimpy is a franchise that forms part of the Famous Brands group. It was

Marilyn Monroe Cafe Franchise 2. Are opportunities in franchising comparable to starting a business from scratch? What are the pros and cons? I believe so! The pros are the one on one training, the 24/7 support from the Marilyn Monroe franchise itself as well as the business being fully equipped and stocked for you when store is complete. Plus, a full network of support from the franchise itself. The pro side to starting from the ground up instead of using a franchise you have more freedom

INTRODUCTION A franchise is a right granted to an individual or group to market a company 's goods or services within a certain territory or location. Some examples of today 's popular franchises are McDonald 's, Subway, Domino 's Pizza, and the UPS Store. There are many different types of franchises. Many people associate only fast food businesses with franchising. In fact, there are over 120 different types of franchise businesses available today, including automotive, cleaning & maintenance,

process absorbs time and finances. For this reason, franchises are becoming more popular in the business world. In this system, an established business sells a portion of temporary ownership to a franchisee, in which the franchisee must incorporate the franchisor’s existing framework and practices in exchange for a managerial role. The franchisor Findings Popeyes Louisiana Kitchen Franchise Popeyes Louisiana Kitchen creates, runs, and franchises restaurants that specialize in the quick servicing