Franchise Essay

Most of the revenue has come from their bakery-café sales. They also generate revenue from the sale of dough to their franchise locations as well as the franchise fees they charge to their franchisees. Panera Bread has been very profitable in part because they have avoided taking on large marketing endeavors and employ a long supply chain to get supplies from one franchise to another. Plus, with bulk or pooled purchasing of certain supplies, Panera Bread exercises bargaining power over suppliers

McDonald's regularly checks the quality of the franchises output and failure to maintain standards could threaten the licence. The franchisee is also expected to become involved in local events and charities. Ray Kroc believed strongly that a business must be prepared to put something back into the community in which it operates. The franchisee, for all the training and support McDonald's offers, is running his or her own business. They fund the franchise themselves and therefore have much to lose

In the article “The Franchisees Are Not Lovin’ It,” the authors, Gruley and Patton, discuss the difficulties of the McDonalds franchise, the struggles of the franchisees, and the inability to solve these problems. The article goes on to talk about how McDonalds needs to get back to basics, just as they say themselves. Yet, they continue to make the menu more complex by the constant introduction of new foods. They are getting away from their identity as a burger joint. As a result they are closing

franchising Panera clearly forces its franchiser to build perfect operational effectiveness in order to meet the franchising requirements. As given in case 8, in Panera’s franchising agreement, franchiser should open 15 Panera bakery cafes in six years. Franchise candidates had to be

Nguyen should be preserved and developed some strategies that refresh itself and promote its’ existing supremacy. Trung Nguyen will constantly innovate to bring to customers new products, quality deserves its reputation as well as well as develop the franchise system that made the name of Trung

To:, As part of our evaluation of your application, please carefully answer the following ten questions. If you have partners that will be on the franchise agreement, please have them answer these questions too. All answers and information you provide will be held in strict confidence. 1) Have you ever owned a business before? If so, how many units? Also, please tell us more about your professional background and education. Please include a current resume or CV. -CV Attached 2) Provide

involved acquisition of a majority of the franchised locations. This approach reduced the franchisee’s buying power and allowed Jamba to have the upper hand. With the downturn of the economy forthcoming, franchise demands would likely deteriorate. In spite of the growth opportunities offered by franchises, Jamba maintained

profits (CNN, 2011). In the first 10 year 10 stores were open. From the years of 1994-2002 Jimmy John grew by 150 franchises. In that time period 121 loans were taken out in the name of Jimmy John’s, and only 2 failed. This gives a loan failure rate of 1.7% for the company as a whole. In 2002 Jimmy John discovered that 70 of his 160 stores were failing. At that time he stopped selling franchises and teamed with his president to turn around the 70 failing stores. He soon found out that the stores were not

present market. VI. Competition Mathnasium’s most influential competitor in North Dakota is Sylvan Learning Centers. Sylvan has centers in Bismarck, Minot, Dickinson, and Williston. Sylvan does not have any significant competitors already located in North Dakota besides a few small scale learning centers spread throughout the state.  Sylvan Strengths  More services than just math tutoring  More locations established throughout the state  Established market with loyal customers  Competitive

Plato’s opened its first franchise in 1998 in Columbus, Ohio and Lynn and Dennis Blum founded it. Today Plato’s has more than 400 locations in the U.S and Canada. Winmark Corporation is the franchiser for 5 companies, including Plato’s Closet, and Plato’s makes the most revenue yearly making nearly 400 million dollars a year and are still growing today. Plato 's Closet is a small yet large growing business. Plato closet allows individuals to be more hands on by offering a franchise. Plato proves opportunities