Essay about Franchise: Education and Franchise Business

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Franchise Evaluation Paper
My franchise business is “Tutoring Club”. Tutoring Club Head quarter is located in Las Vegas. They provide education knowledge for child. The principal customers are three years old child to twelve grade student. This club’s goal is to bring each student to desired academic level as quickly as possible. Each student will receive individualized instruction by professional tutor. They help student to reduce stress and build confidence. They are committed to help student succeed in their education, especially in reading, math, study skills and SAT preparation. This club successful motivation system provides incentive for student to keep trying. There are 111 locations in U.s and 9 locations international. The special about this business is they maintain low student to low ratio so every student receives wealth of individualized instruction from qualified tutor. That’s can help student to be succeed. The franchise fee is $15000-$34500. Ongoing Royalty fee is 10%-12% of monthly revenue. Term of franchise agreement is 20 years, renewable. Their financial requirement: Net Worth: $50,000,Liquid Cash Available: $30,000. I will get ongoing support, such as newsletter, meetings, toll-free phone line, grand opening, internet, security/safety procedure, field operations/evaluation, purchasing cooperative, lease negotiation. I will get a market support like co-op advertising, ad slicks, national media, regional advertising. I would locate my franchise

Acct 561 Snap Fitness Opportunity Essay

Snap Fitness Franchise Opportunity ACC561 November 28, 2011 Dr. Zeneo Williams, Ed. D., CFM Snap Fitness Franchise Opportunity Cost-Volume-Profit Analysis The Cost-Volume-Profit analysis (CVP) for Snap Fitness provides an evaluation of its profits as costs and volume changes. As the owner of a Snap Fitness franchise, decisions about selling prices, product mix, and maximizing the use of the fitness center depends on CVP. A CVP analysis classifies cost as variable and fixed, and calculates…

Words 1865 - Pages 8

Essay on Motivation and Stress

Abstract Massage Envy Spa is a rising franchise business in the massage and wellness industry. The company delivers wellness services to the public at a considerable cost. The company has nearly 800 locations in the United States and Canada; it is considered the largest massage therapy franchise system continuing it's growth and development. Obtaining a franchise of any type, entails a great amount of passion, dedication and persistence. After all those characteristics are in place and ownership…

Words 2016 - Pages 9

International Trade and Global Business Environment Essay

What cultural factors must U.S. sports franchises overcome to increase popularity abroad? Why? In order to increase popularity in other nations, United States sports franchises would need to overcome several cultural factors. It would be imperative to first understand the legal and cultural differences in the global business environment. Some of our most common understandings in terms of conduct in business and social environments are likely be perceived completely differently in another country…

Words 620 - Pages 3

Dominos Pizza History

how they rose from one location to over 10,000 over their 50-year history. Having a rich history with franchisees all over the United States, Domino’s Pizza moved internationally with franchises in the UK, Canada, Australia, Ireland, and even parts of the Middle East. The decision of where Domino’s Pizza will franchise to next is decided along with rational reasoning for this decision and how initial marketing will be handled to introduce the community to Domino’s Pizza, its values and products.…

Words 1464 - Pages 6

Unit 2 Db 2 – Starting a Business - Management 250 – Entrepreneurship Essays

To franchise or not to franchise, that is the question? There are many advantages and disadvantages of franchising a business. The advantages of franchising are that the franchisee in most cases, especially with big name brands, gets start-up help from the franchisor, the franchisee also gets the ownership rights, automatically has “brand name” recognition, standardized products and/or services, has access to financial advise and/or assistance, reduced pricing of products due to the franchisors large…

Words 694 - Pages 3

Final Assignment BUS 357A Essay

Global Delights BUS 357 International Business Stuart Gold November 16, 2014 Sarah N. Hanbury Global Delights is such a simple name that brings on a variety of thoughts. The most basic of which, if it’s a store, what do they sell? Global Delights prides itself in the ability to sell candies, snacks, and delicacies from all over the world. Japanese, Chilean, and Australian delicacies can all be found under one roof. They believe in building a trust with their customers, remaining…

Words 2983 - Pages 12

History Of Mike Evans

View My VisualCV Online: http://www.visualcv.com/mikeaevans mike evans FRANCHISE OPERATIONS PROFESSIONAL Parker, CO United States mikeevanspm@gmail.com Work History Papa Murphy's International Denver, CO, United States Jun 1999 - Nov 2012 Director of Franchise Operations Responsible for all Franchisee owned stores in CO and WY (55-60 stores, 25-28 Franchisee's). Areas of support included: Holding Manager Field Training Classes, Profitability Workshops, participation in Coop Marketing…

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ENTR FRANCHISING Essay

Why is franchising increasingly being used by franchisees as a form of business start-up? Franchising has been tremendously growing as a business form, and has become extensive as it spans a variety of sectors ranging from automobiles to fast food. The importance of franchising has been widely analysed in the entrepreneurship literature, as it is considered to be an entrepreneurial partnership between two types of entrepreneurs, the franchisor and franchisees (Kaufmann & Dant, 1998). Moreover…

Words 2642 - Pages 11

Entrepreneurship: Entrepreneurship and Richard G . Weingardt Essay

necessary traits of an entrepreneur. Franchises are one form of entrepreneurship. In our society today, change is upon us, and if we do not have innovative people that can step outside the box and become a beacon in this world. There are millions of entrepreneurs in the world, and some have failed, while others have gone on to become very successful in their industries. An entrepreneur is anyone who takes on financial risk in pursuit of operating their own business based on their own innovation, or…

Words 781 - Pages 4

Essay Business: Non-verbal Communication

lj1.Why is nonverbal communication so important? How can you tell when non-verbal communication is effective? Communication involves far more than merely words. The majority of communication, in fact, occurs through the use of facial expressions and bodily movements. Many, in fact, view non-verbal communication, such as facial expressions and bodily movements, are providing more communication than words. “Research shows that 65 percent to 93 percent of communication is nonverbal” and includes…

Words 2237 - Pages 9