Under the Application the steps are complete your application, Dunkin’ Donuts franchise team will contact you after they review the application, receive and review Franchise Disclosure & Qualification Package, provide proof of citizenship or Permanent Resident/Alien Registration Card, provide proof of assets and credit check and initial financial review completed. In Business plan, once initial screening is complete meet the franchise manager, contact due diligence or talk with existing franchisees, select territory and develop business plan. In Financial review, make sure background checks are completed, present business plan to Franchise Manager, submit legal entity documentation make sure financial review completed based on business plan. If all criteria met, receive franchise approval. In Approval, Sign Development Agreement (SDA). If approval received, begin franchisee training. Select & submit site for approval. Secure financing. In Grand Opening, finalize lease or purchase, signs Franchise Agreement, begin construction, begin crew training and store opening.
Significance of the Study The researcher provided updated information with regards to the Dunkin Donuts as a Franchisor and its relationship to franchisee. This study was deemed significant for the following persons and franchising industry. This study also provided interested information in determining the Dunkin Donuts as a Franchisor and its relationship to franchisee. To the franchising industry, this research study will provide sufficient information that will be useful in knowing the background between franchisor and franchisees relationship of Dunkin Donuts. To the students and future researchers, the research study will provide deeper understanding with regards Dunkin Donuts as a franchisor and its relationship to its franchisee. This will give up to date information and additional reference that will surely help in conducting their future studies.
Statement of the Problem
You May Also Find These Documents Helpful
-
Krispy Kreme is a relatively small doughnut seller. It has only 295 stores while Dunkin Donuts has over 3,600 outlets in the United States and Canada. In spite of its size, Krispy Kreme has been described by many as “the hottest brand in America.” The company’s success in an environment which has made success difficult for many food operations is due in large part to the long-term vision of its top management and its establishment and achievement of S.M.A.R.T. goals. The company originated in Winston-Salem, North Carolina, in the mid-1930s when Vernon Rudolph bought a secret recipe for yeast doughnuts from a French pastry cook. Rudolph ran the company until he died in 1973 without naming a successor, which caused the company problems for the next decade.…
- 1977 Words
- 8 Pages
Powerful Essays -
Opening a franchise company has its joys and perils. While the built-in brand recognition is a big plus for a start-up, that brand has not reached the level of some of the largest fast food chains. The franchise brand may not provide the level of support expected from a larger franchise chain. With that said, the combined management experience, and synergy between the goals of the franchisor and the company's goals will lead to the long-term success of our franchise.…
- 2539 Words
- 11 Pages
Good Essays -
Assumption and Context: You have been the manager of a Dunkin Donuts store in the Midwest for the past two years. The store is owned by a Dunkin Donuts franchisee that owns 20 other Dunkin Donuts locations. Your employer took an employee inventory and examined all current employees. It has been noted by the owner that you have a highly successful track record. You have been recognized for doing an exceptional job staffing, leading, training, coaching, and managing people. You have been recognized for successfully managing all key components of your store and have successfully managed key business drivers such as cash, profits, growth, asset utilization and people. In regards to the metrics that are used to measure their stores for sales, quality, and customer service, your store is the top performing store in their system. Congratulations! You have just been promoted to District Manager! The Dunkin Donuts franchisee sees your growth potential and the growth potential in your geographic area. The owner now has committed significant capital and plans to open five new locations over the next two years. You will be given complete autonomy, authority, and responsibility to structure, staff, and operate these five new locations. You will be playing a key role in this expansion for growth. Assignment: Prepare a five-page paper (excluding the title and reference pages), including at least three scholarly sources, in addition to the textbook, formatted according to APA style guidelines as outlined in the Ashford Writing Center. In your paper, explain your chosen job design, organizational design, your recruiting strategy and methods, and your training and performance appraisal process as the new District Manager for Dunkin Donuts. You must organize your paper using the following section headings and include additional section headings as needed:…
- 324 Words
- 2 Pages
Satisfactory Essays -
Starbucks - Consumers of Starbucks in cities or upscale suburban areas. - Main target market is men and women aged between 25 and 40 Dunkin’ Donuts - Very open appeal to the middle-class. -International coffee and donut retailer. 2. Discuss the competitive advantage of each Starbucks and Dunkin’ Donuts.…
- 348 Words
- 2 Pages
Satisfactory Essays -
There are many resources available in this day and age to help assist someone who is thinking about franchising a business. One of the best resources that I have come across is a website for the International Franchising Association. This website has many tools available for anyone that may be interested in franchising a business. There are 7 main sections of information on this website. The first section of the website is where you start your search for the perfect franchise opportunity. From the drop down menu you can select start a search. This allows you to search the database from hundreds of different opportunities. Scrolling down you can search franchise opportunities by industry, learn about franchising, read blogs about franchising, and find out information about franchising for veterans.…
- 790 Words
- 4 Pages
Better Essays -
I am now a District Manager. The owner of the stores I have been working at has seen and rewarded me for all of my hard work and dedication. Now his plans are to open five new stores for me to head over in the next two years. My first step after the stores are built, are to structure, staff and operate these five locations for this Franchisee. This will be a new step for me; however, this person has put their trust in me. They also know that I am well qualified to get the job done. Now I will lay out my plan to structure, staff and begin operations for the business.…
- 1803 Words
- 6 Pages
Better Essays -
Dunkin Donuts core and distinctive competence is the ability to market and sell baked goods and coffee. The Dunkin Donuts mission statement is“Dunkin’ Donuts will strive to be the dominant retailer of high quality donuts, bakery products and beverages in each metropolitan market in which we choose to compete.” (www.samples-help.org) Based on the mission statement step one of the planning process is import ant. The company will evaluate the company's internal and external environment before allocating a franchise to a metropolitan market. It also seems that the growth strategy that Dunkin' Donuts is Rapid growth. The company has "over 2,600 stores in 30 countries outside of the U.S". (www.dunkindonuts.com) The company, like the Red Bull company began in their home country and expended worldwide to attempt to capitalize on small market and gain the majority of the market share.…
- 459 Words
- 2 Pages
Good Essays -
Franchises have a business model created, and sometimes it is easier to open a business that it is already in the market. By learning how to open and run a franchise will teach me essential skills that will help to later create my own brand and my own franchise. I will choose to open a franchise related to the type of business that fills my interests. In some cases, franchises have a higher rate of success than start-up businesses and some of them cost less than startups. Franchises offer pre-opening support and ongoing support. I believe I will learn a lot about the businesses environment by doing a Capstone project in this…
- 1323 Words
- 6 Pages
Good Essays -
2. In what ways is Dunkin' Donuts presently using strategic alliances, and how could cooperative strategies further assist with its master plan for growth?…
- 388 Words
- 2 Pages
Satisfactory Essays -
5. Choose a popular franchise, and visit the company's Web site to learn about its franchising policies. List at least three things you learned, such as costs franchisees must pay, or other rules or requirements. (1-3 sentences. 3.0 points) TIP: Popular franchises include McDonalds®, SUBWAY®, Dunkin' Donuts®, Cold Stone Creamery®, 7-Eleven®, Days Inn®, Great Clips®, Molly Maid®, and many more.…
- 276 Words
- 2 Pages
Satisfactory Essays -
Dunkin’ Donuts is an American global doughnut company and coffeehouse chain based in Canton, Massachusetts. It was founded in 1950 by William Rosenberg in Quincy, Massachusetts. Since its founding, the company has grown to become one of the largest coffee and baked goods chain in the world, with 15,000 restaurants in 37 different countries, the chain has grown to include over 1,000 items on their menu, including doughnuts, bagels, other baked good, and a wide variety of hot and iced beverages. The logo is two Ds side by side in orange and hot pink, placed on a coffee cup next to the words “Dunkin’ Donuts written in orange…
- 1078 Words
- 5 Pages
Powerful Essays -
Dunkin Donuts operates on a high level of customer service. They take pride in the fact that they can quickly service any needs of their customers…
- 599 Words
- 3 Pages
Satisfactory Essays -
One of the major economic areas in north central Wisconsin is Wausau. The city is home of the most popular technical college. The love of coffee and ice cream brings the owner to open a Dunkin Donuts/Baskin Robbins near the college. Commercial space is available to build a facility, and the spot is right. The competition is a few fast food chains and two bakeries. The city has no Starbucks, but does have a Dairy Queen that is at the other side of town. The market structure is a monopolistic competition. The area has a few large assorted sellers, products are differentiated, and there is easy entry and exit. The products are differentiated by the brand name; product attributes, and has the perfect environment. The owner will look at the elasticity of demand, profit maximizing, break-even point, total revenue test, marginal cost and revenue, barriers to entry, pricing and nonpricing strategies, and product differentiation. The owner needs to take into consideration the business cycle of the current economy, how to plan during this time, the effect of credit markets, international economic conditions and the effect they can have, and other conditions that may apply.…
- 2362 Words
- 10 Pages
Better Essays -
Over the course of several years and franchises, I started as an overnight counter-person up to management position. My goal is to own a Dunkin Donuts franchise. I also want to run the franchise, to deal with the day-to-day operations. I don’t want to just own it. With the experience and knowledge that I learned over my years working for Dunkin Donuts, I know that I will succeed as a franchisee.…
- 340 Words
- 2 Pages
Satisfactory Essays -
Dunkin’ Donuts has a history of offering simple and straightforward morning snacks which has given it its competitive advantage. They are one of the world’s largest Coffee and baked goods chain. Dunkin Donuts is working to grow in all directions. They now have almost 6,400 outlets, with most of them being in the northwest, they are looking to pop up on every corner throughout the rest of the country. The shops are not only found in the United States, but they have managed to open up internationally with 2,440 shops in 31 different countries.…
- 1365 Words
- 3 Pages
Powerful Essays