to management control issues. Based on an analysis of franchising articles published in twenty-five high-impact journals over the period 1996–2008‚ the literature is divided into the following three broad streams: franchise initiation and subsequent propensity to franchise‚ franchise performance and control of franchising relationships. Several research gaps and avenues for future research are identified‚ especially towards a systematic study of management control issues in the context
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Business 1 Dr. Frank Alderete September 16‚ 2013 Report: Franchise What is a franchise? 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. Franchises are a great avenue to business ownership for those with the entrepreneurial spirit-and they’re playing a definitive role in driving the economy upward. If you are thinking about buying into a franchise system‚ it is important that you understand exactly how franchising
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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
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1. a. Franchise for sale up to $20‚000 - Wealth Masters international b. $20‚000 - $50‚000 - telcoinbox c. $50‚000 - $100‚000 - Fast Way Couriers d. $100‚000 - $250‚000 - Raw Energy e. $ 250‚000 - $500‚00 - Sumo Salad f. $500‚000 - Nandos 2. Wealth masters international - doesn’t require business knowledge‚ has a great support systemto help you and empowers poeple to build a successful business. The investment required is $2‚300 - $19‚995. Territory - national/global
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Concept of franchise There are thousands of franchised businesses‚ covering nearly every conceivable industry‚ from well-known national brands to smaller‚ local opportunities. The challenge is to decide on one that both interests the investors and is a good investment. The term franchise basically illustrates the concept of buying an international company and using in a different country/state. In other words it means one is buying the right to use a specific trademark or business concept. The
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CASE: Car Lube Operations to accompany CHAPTER 3: Process Strategy Professor Smith can expound at length about the merits of timely preventive maintenance. After all‚ what good is a process that is performed by less-than-reliable equipment? When it comes to his own vehicle’s preventive maintenance‚ however‚ Smith has been known to be less than meticulous. It takes him three months just to muster up the energy to take his car for its recommended three-month oil change! Smith usually takes
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1. What is the name of the franchise? What is the location of the franchise corporation head office? What is the corporation’s website? •The name of the Franchise is Tim Horton’s •The head office for Tim Horton’s is located in Oakville‚ Ontario‚ Canada • Tim Horton’s official website is www.timhortons.com/ca/en/index.php 3. What goods/services (specific or general category) does the franchise offer? • Tim Horton’s offers; Coffee- Original Blend‚ Dark Roast‚ Decaf. Specialty Hot Beverages- French
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Case Analysis: Minit-Lube Discussion Questions Directions: Read the case and then answer each question in short paragraph form. A substantial market exists for automobile tune-ups‚ oil changes‚ and lubrication service for more than 250 million vehicles on U.S. roads. Some of this demand is filled by full-service auto dealerships‚ some by Walmart and Firestone‚ and some by other tire/service dealers. However‚ Minit-Lube‚ Mobil-Lube‚ Jiffy-Lube and others have also developed strategies to accommodate
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Conglomerates & Franchises By Emily Chui & Benjamin Chu Let’s Define: Conglomerate- a large business that is made of different kinds of companies Franchise- the right or license granted to an individual or group to market a company’s goods or services in a particular territory; also : a business granted such a right or license Let’s Simplify: Conglomerate- a company that owns other smaller companies Franchise- a business that is part of a single chain; can be owned corporately or privately Quick Check:
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21. 2‚487‚857. Case- kwik Lube Question# 1 compute the loss for Kwik Lube stations during the last two years using regression. How accurate can the results claim to be? Question # 2 Was it worth $ 20000 to perform the marketing research? Question # 3 What other factors might be introduced into the lawsuit? Dick Johnson‚ an owner of the Kwik lube company‚ has hired DR. Gunn to file a lawsuit against T.A Williams after he had violated a Franchise contract with Kwik Lube. To file a lawsuit Dr. Gunn
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