What type of software is best for making certificates invitations and greeting cards?
Greeting card factory
What the advantage and disadvantage of franchise?
Advantages: There is a wide range of expertise and same with a PLC (public limited company), the main shop get royalties from the rest of it's shop owners, the work load is spread out within the company
Disadvantages: If you are working under a large business's name then you must 'play by the rule' as in, you cannot do as you please, you must work hard to earn a living and you must 'do as you are told.'
What kind of money can a franchise owner make?
A reasonable level of income that you can expect to earn from any kind of Franchise is 10 to 15 percent on your money overtime as passive investment, and can expect to reach 30 percent by the third year of the business operation.
It should also be taken into account all of the operation expenses. Earnings can habitually increase based on Employee payroll, so the lower you pay your employee's the higher your earnings are, which can help to maximize your earnings if you opened your Franchise in a country where the minimum wages are lower than the continental United States.
It will also be ideal to contact existing Franchisee's which can help you to obtain a more accurate analysis than those provided by Franchisor's.
See the related links below to get a better idea of the kind of questions you should ask both the Franchisor and their Franchisee's.
What are the disadvantages of franchise?
if its not in a particular place where their is alot of people it may not make enough money.
Who are the top ten entrepreneur in the Philippines?
Who are the top ten entrepreneur in the philippines?
Who are the top ten entrepreneur in the philippines?
Who are the top ten entrepreneur in the philippines?What is the procedure for opening Toys R Us Franchise?
There isn't a procedure because Toys R Us doesn't franchise. All its stores are company-owned.
What are the advantages of franchising to the franchisor?
There are many advantages to franchising for the franchisor. Enhance the profitability of the successful business model you built yourself by transplanting the concept to new locations and settings. Once you build up a thriving franchise model, your business will sell itself. You can sit back as a franchise manager while your business - and your profits expand.
Franchise portal, in the link below, provides access to a broad number of prospective franchisees. If you are looking to franchise your business concept, let Franchise Direct help you get off the ground.
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The most obvious advantage of franchising to the Franchisor is that of expansion. He gains advantage to expand a venture quickly with little capital.
The Franchisor will now be able to supply in large quantities thus achieving an economies of scale
There is also the ability to commit larger amount to advertising.
I would not recommend using outside sources for Franchise income questions since the financials of a Franchise company are restricted to Item 19 of the Franchise Disclosure Documents. I would read through those documents and learn that information directly from the source and then talk with existing Franchise owners about their experiences in profitability with a Subway Franchise. If you are searching for a Franchise business here is a good resource: FranchiseMatchup.com
What is the purpose of franchise?
PURPOSES OF FRANCHISING
The nature of franchise business is the recent innovation in the form of business. The main purposes that are set to be achieved through franchise business include the following:
1 To restore individual entrepreneurship.
2 To provide an easily recognized and accepted product or service.
3 To compete with big business.
4 To allow consumers to buy good quality items or services at the right price yet still deal with a local merchant.
5 To provide entrepreneurs a means to enter business with a low capital investment and risk.
The nature of franchise business usually fits in the process of small business. Entrepreneurial initiatives can get access to extra-territorial business through franchise. One can get to business with much of technical and financial arrangement.
Buying a franchise involves multiple levels of inquiry. First, a significant amount of personal circumspection is required. Do I have what it takes to be a successful franchise owner? Leaping into a franchise relationship if one is not suited to it can only spell disaster.
The second level of inquiry is determining what type of industry and business you are most suited for. A franchise investment is the most important financial and psychological decision most people ever make. It is important to ascertain what type of business you feel comfortable operating six to seven days a week, putting in usually 60 to 80 hours a week, performing a variety of tasks. With no paid vacations or benefits, franchise ownership is a big change for most people.
Finally, one a type of business is selected, it is a matter of researching the companies that are offering franchises for this type of business, comparing their franchise programs, and then applying to the best of these. According to Mr. Franchise, a significant amount of franchise due diligence is required these days, even in the case of some better known franchise brands.
Typically, you will go through as process similar to interviewing for a job with most franchise companies. Many unscrupulous companies will offer franchises to obviously unqualified candidates. Before signing long-term contracts that can last ten years or more, and investing large sums of money, the need for franchise due diligence is very apparent. There's more to take into consideration when it comes to owning a Franchise.
Consulting a Professional Franchise Consultant is also a great alternative to efficiently evaluate your decisions quickly, when purchasing a Franchise, which can save time for a Franchisee who would like to get started right away, and learn at the same time.
In the late 18th century, "democracy" carried from Greek into English, French, German and other languages, meant rule by majorities of voting citizens, with the vote extended to all males over a certain age even if they possessed no property. Any increase in the scope of the franchise since this one, called "manhood suffrage," has since qualified as an increase in "democracy." Political historians should tally the first democracies in the West as, in chronological order, Athens (508 BCE), Pennsylvania (1776), Vermont (1777), Kentucky and Tennessee (1790) and France (1792, 1848). Virginia got "democracy" in this sense in 1865, New York State in the 1820s and England only in 1884. The list is not complete.
A huge advantage of Franchises is that its Franchisee's are granted a proven business strategy, while many new businesses struggle to develop a viable, and profitable business plan, not to mention the marketing, and the challenge to create a brand that's worth raving for.
In a Franchise you inherit the name recognition of an established brand, whereas marketing would already be on autopilot. You also get the benefit of a built-in support system, that assists you towards growing your Business, which is a particularly an important benefit for business owners, with little experience in their industry, Unfortunately many new franchisee's leap into complicated franchise relationship with little or no prior franchise due diligence, which is why it is highly advisable to consult a professional Franchise Consultant, before deciding to own a specific Franchise.
Are you assigned an exclusive territory in a franchise?
You are not assigned an exclusive territory as a Subway entrepreneur. They are location flexible.
Background information on franchising?
There is lots to know about franchising and you're best off doing as much research as you can before making an investment in a franchise. Explore the articles on the Franchise Direct website (http://www.franchisedirect.com/information/trendsfacts/8/ ) to learn everything you need to know about owning your own franchise.
What are examples of a franchise?
There are many examples of Franchises.
Famous examples of retail franchise outlets include the ones that you have already heard of such as McDonald's, Starbucks, Pizza Hut, Burger King, and Nandos, in the rewarding and the ever increasing demand in the Food Industry, as well as many other Franchises from other industries.
You can find a whole list of examples by going to franchise portals. There are many examples.
Other famous examples are Walmart, Starbucks, Play N Trade etc... and there are hundreds of Franchises in every industry, whether you're looking for opportunities in the food industry, business opportunities, and even work from home opportunities.
Advantages and disadvantages of franchising from the point of view of franchisor?
advantage for the comapany is to grow without using it's cash, credit, or dilution of stock and receive ongoing income stream without the associated G & A costs of expansion
disadvantage is a somewhat loss of direct operational control
It depends on if you are in Mr. Gallman's Macro-Econ Class or not.
!~(-_-)~V
Definition of public enterprise?
Public enterprises as a form of business organisation has attained a great deal of significance in recent times. During 20th century various governments have taken active part in the industrial and commercial activities. The term public enterprise denotes a form of business organisation owned and managed by the state government or any other public authority. So it is an undertaking owned and controlled by the local or state or central government. The whole or most of the investment is made by the government.
What is the Difference between branch and franchise?
branch mean branch direct to main office control
but
franchise is associate (dealer ship) method.
Example of dominant-business firm?
A dominant business firm is close to a monopoly. It has no close competitors, and dominates more than half of the market that it is in.