Franchising

In my opinion it does not really compare. You will always see fast food businesses compared to others such as department stores and what not. Fast food will be here as long as we let it.

Dear Sir, Please I will greatly appreciate it if you forward to me a sample of business plan and it financial projection on International Trade Finance on how to invite and attract share holders to participate.

Thank You

Jacobs Obasi Ikpemini.

A franchise company is a company that through franchise- in order to grow the company has a franchise stategy meaning they allow independent 3rd parties to use their brand and strategy assuming they follow the protocols of the franchising co. for ex - you can open up a Mcdonalds not owned by Mcdonalds and you have to pay fees as per the franchise agreement. Just like ClickTecs in Mississauga, Ontario Canada is a franchise marketing company, marketing franchise businesses online. They are running up with a great business. They are holding big giants such as Ford, a franchise blog is running by ClickTecs.

First appearing after 1875, travel agencies started to appear as commercial aviation changed the possibilities of travel. It was first a luxury for upper class customer that could afford the high cost. The economy, after the post-war boom, opened it up to the working class.

there are three levels were defined by Robert Anthony they are:

1. strategic planning

2.managment control and tactical planning

3. operational planning and control

All I know is that PCSO no longer gives franchise in the Luzon areas, however, in Visayas and Mindanao, it is still open. Try to read also a few tips to avoid getting scammed - http://www.internetphilippines.com/philippines-institutions/pcso-lotto-franchise/.

W.L Gore and Associates, Google, SAS

The ability to understand, alter, lead, and control the behavior of others.

Mcdonald's

It depends, a franchise tag is a one-year contract that the player has to accept. The team pays that player the league average salary for that position.

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Franchising is important in today's economy because in most retail businesses there is a large amount of competetion but franchises ensures a success!

$3-6

How much does a ace hardware franchise owner makes

For every kind of Business comes both disadvantages and advantages. A Franchise is no different. You basically want to make sure the pros outweigh the cons by effectively researching Franchises, so you can cover all of the bases.

One of the disadvantages of buying a Franchise is that certain companies may require you to engage into a contract of cohesion, although highly nonviable it is always recommended to hire a Franchise Lawyer to check into the degree of a Franchise cohesion contract, before contemplating on a purchase.

I would recommend reading an article written by Nancy Adler provided under related links below which can give you a clear insight on how to choose the right Franchise.

you end up feeling like an employee

So I heard the number of returns completed in a kiosk location at like a Wal Mart location is about 100-200 returns at an average of 150.00 per return. Then there is 2,000 for the location rent at this kiosk small location per month and the actual tax preparer's salary. So, what's the income? I think you need to own alot of them in order to turn over a profit. I know someone who own over 10 of them.

About 500 dollars.

The basic royalty + marketing is 12.5% of the gross sale, and 30-33% of the gross sale on Food cost which results in an average 45.5% on royalties overall, and doesn't include operating expenses.

You can obtain more information from Subway together with their Franchise information by visiting the Related Link below. get mcdonalds people

You can save money by getting a volume discount on your products.

Dallas Cowboys

The biggest PRO of franchising is familiarity. If you want to open a hamburger restaurant and you open John's Burgers, you've got to teach people John's has tasty burgers and crispy fries. If you open a Burger King, you get the advantage of the Burger King company telling the world you can get tasty burgers and crispy fries there. The biggest CON of franchising is that to make it work you have to do things their way. You have to sell Coke, not Pepsi. You can't sell pizza even though you could sell a lot of it. You can't dress your counter help in blue shirts if corporate wants them dressed in red. And you can't change the recipes.

No. Franchises are expensive and generally involve getting into a business about which you know little. It is better to stick with something you know and start small. For a minority, get certified as a historically underutilized business (HUB), and you will be entitled to government contracts. If you provide a value, you will do well.

The most obvious advantage is a recognized name and logo that implies certainty and confidence in product for the consumer who generally believes that he is buying a product or service from a large corporate entity who has guaranteed satisfaction. The average American consumer has no idea that the franchise is individually owned and operated and that the franchisor has no capital investment in the franchised unit. The other possible advantage of a franchise is the support received from the corporate office. These will vary from franchise to franchise, but support is often is not spelled out in specific terms in the franchise contract -- but should be. Generally speaking, the franchisee receives a solid, proven business plan, proven to work at least once or many times, by reason of the standing franchises indicated in Item 20 of the Franchise Disclosure Document and other information. i.e., where to locate, size of facility, how/who to hire, best forms of advertising, capital required). Franchisees also receive an operating plan with mandated day-to-day policies and procedures, i.e. hours of operation, royaltiy report timelines, and Point of Sale (POS) system. The supply chain is already established with vendor contracts negotiated on a national level resulting in lower costs of supplies and materials. There could also be national contracts set-up with insurance companies, financing institutions, etc. There could even be national contracts set-up with customers. All of these may allow a franchisee to start the business more quickly, while avoiding common mistakes made by independent small business persons. There will be on-going support for the franchisee: National advertising campaigns, functional support (product development, customer service telephone numbers, perhaps legal advice, tax advice, artwork production, etc). There could be periodic meetings amongst franchisees to share information (success stories, changes in technology or the market, etc). But, remember fellow franchisees may also be competitors when they encroach on your territory and there is movement in retail franchising in some concepts for franchisors not to identify territories. The disadvantages of a franchise up front in the sales process is that the new buyer of a new franchise can't access the unit performance statistics of the system, as known to the seller, the franchisor, and has to try to assess the risk and the rewards from interviews with franchisee references, past and present, provided by the franchisor in Item 20 of the Franchise Disclosure Document (FDD). Thus, any misrepresentations, etc.. that the buyer franchisee relies on are proximate to the references and not to any misrepresentations made by the franchisor and the franchisor is protected from fraudulent inducement/concealment in the sales process(See Article in American Business Law Journal, 02 Jan 2003, entitled "Franchising Fraud: the continuing need for reform" in a Google Search) even though the material risk factors of unit profitability and unit failure are not disclosed to the new buyer in the sales process. Additionally, there are basic fees and restrictions and high sunk costs for the startup franchisee who finances and builds a new unit on which to wear the brand name. . The franchise pays an initial franchise fee plus on-going royalties usually calculated as a percentage of gross sales and there could even be a monthly minimum royalty. In a competitive economy, small business net income is usually tight, say, less than 10% (if there was a business where you made a 50% net income, others would jump into the business forcing down prices and profits). If the franchise royalty is 7% off the top, the franchise has to operate that much more efficiently to make a decent profit. The franchise may be restricted from engaging in certain activities or offering different product lines. The franchise may be required to use certain suppliers or even required to purchase certain items directly from the corporate office. This limits the franchisees opportunity to maximize profit and ability to cater to his local market. The franchisee may never be able to get beyond breakeven in the operation of the business and can only sell the business to another with the approval of the franchisor who demands a release of any liability for the sale-transfer of the business to another as a condition of the approival of the sale. There is a "failure fee" built into most franchise agreements that encourages the break-even franchisees to continue to try to get beyond break- even or to sell their franchises at a loss or a wash to get out from under the obligation of the long-term contract. If the franchised business never gets to breakeven and the franchisee is at risk of insolvency, the franchised business generally has to be "given away" in a fire sale to get out from under the debt owned and personally guaranteed for both the franchise and the unit lease in an effort to, if possible, be saved from personal bankruptcy. Who knows how many thousands of failed franchisees continue to pay on startup debt after failure in order to avoid personal bankruptcy, and who knows how large this subsidy of franchising is in terms of actual dollars?

to acheive success and become the biggest n most successful multiple retaling n distirbution organisation with a dynamic n flexible market approach