franchising
Learning Objectives:
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Specification:
• the principles of franchising as it applies to small business start-ups • the advantages and disadvantages of using a franchise as a means of starting a new business and assess franchising against other business start-up options • how to identify a suitable startup location |
1.6_franchising.1.pptx | |
File Size: | 2328 kb |
File Type: | pptx |
1.6_franchising_starter_activity.docx | |
File Size: | 46 kb |
File Type: | docx |
Key term: FRANCHISE - A franchise occurs when one business sells the right to use its products and/or its brand name to another business. An example is McDonald's. In return for an initial fee and a percentage of the revenue earned, franchisees can use the McDonald's name and sell their products. The franchisee own the business, but use the methods and products of the franchisor. Each year the franchisee will give a share of its profits to the franchisor in the form of a royalty.
pros_and_cons_for_the_franchisor.docx | |
File Size: | 12 kb |
File Type: | docx |
advantages_and_disadvantages_of_buying_a_franchise.docx | |
File Size: | 10 kb |
File Type: | docx |
adv_dis_for_franchising.docx | |
File Size: | 13 kb |
File Type: | docx |
dominos.docx | |
File Size: | 47 kb |
File Type: | docx |