Franchisees Research Papers Samples For Students

Assignment

[subject or course title]
[submitted to]

Part 1: Literature Review 3

Introduction 3

Franchise management strategies 4
Success factors 4
Importance of franchising 5
Main pillars of franchising success 6
Business model 6
Standardization of processes and operation 6
Potential expansion of business 6
Profile of the franchisee 7
Defining the role of the parties 7
Part 2: KMC franchise in UK 7
The selected company 7
Background of KMC 7
Success factors 8
Franchising In UK 8
A background on franchising 8
Growth and future of franchising ...

Franchising refers to a situation under which a business relationship involves an individual or a company owning a system, a franchisor, granting a business license to an individual or a company mandated to operate a franchise system or store on a casual basis. This person or company granted the license is usually referred to as a franchisee to the granting company or an individual involved on the business relationship. This would involve authenticating the use of the franchisor’s trademarks, operating systems and brand at a previously agreed fee. This is normally done under a series of specified agreements and obligations between the two parties involved; the franchisor and the franchisee. ...

McDonald’s has been consistently included in the top franchisors in the listing of Entrepreneur Magazine, Franchise Times Magazine, USA Today and Black Enterprise Magazine. Owning a McDonald’s franchise offers a good business opportunity for entrepreneurs because of the reputation of McDonald’s in the fast food industry and the support that they offer to their franchisees. As of 2013, McDonald’s has 12,628 franchise units in the U.S., 1,135 in Canada and 14,344 in other countries. On the other hand, it has 6,627 company-owned stores. These figures show that McDonald’s is indeed committed to ...

Introduction

In a franchise business, an individual gets into contact with a business owner with a trade mark or trade name. For franchises to succeed, there has to be a level of mutual trust between the franchisee and franchisor. The franchisee injects an entrepreneunal spirit into the business that enables it to be a success. A new person in business wishes to use the known trade identity of the franchisor to conduct his business. He wants to reap the advantages of selling a product with recognition and great customer goodwill in the market place.
Through franchising, the franchisee seeks to reduce the investment risk by ...

We are told that all the initial investment of between $60,000& $184,000 usually covers start up costs and other pre opening costs so such costs are sunk costs that will not affect our computation. We are supplied with the above information that is useful in this particular case. It includes:

Monthly charges (Selling price)$26
Fixed costs $6,000 (Made up of the monthly lease charges for the equipment,$2,000 and the rent $4,000)

We are also informed that a recent newspaper article that placed the breakeven level for this kind of business at about ...

assignment

Answer 1)

i)Basis of Presentation and Principles of Consolidation:
The financial statements of the company are consolidated and are prepared in accordance to US GAAP and as per rules of Security Exchange Commission. The consolidated Statements consists of the accounts of Panera Bread Company and its wholly owned subsidiaries both direct and indirect.
ii)Fiscal Year:

The fiscal year of the company is reported to be last tuesday of every december.

iii)Use of Estimates:
The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the ...

CVP and break even analysis

Introduction

Entrepreneurs utilize cost volume profit analysis (CVP) to identify levels of business activities essential in limiting loses emanating from lack of adequate monitoring and evaluation of business performance. As such, CVP offers a viable option for use to give a reflection of the estimates amounting as variable costs. Also known as break even analysis, it specifically gives an overview of how profits fluctuate due to variation in sales price, fixed costs, variable costs and quantity off products or services.

Start-up costs $60, 000 to 184,000

Fixed operating expenses $4000 per month
Lease equipment $2000
Break-even 300 members
a) According to the Cost-volume-profit (CVP) analysis, ...

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Subway Corporation
Subway is the world’s largest fast-food restaurant for sandwiches which is based in Connecticut, US and founded in 1965. Its main products are submarine sandwiches and salads. It is the third largest fast-food business in the world behind MacDonald’s and KFC. It is a multi-national corporation with 44,672 restaurants in 111 countries, even surpassing the number of that if Macdonald’s. The future outlook is bright with a projection of 100,000 outlets by the year 2030. It has five regional centers in the US, Europe, Australia-New Zealand, Asia and Latin ...

Company Mission and Critique

Dunkin Brands Group Inc. is among the world’s top franchisors of the fast service restaurants that serve baked goods, cold and hot coffee, and hard serve ice cream. The Company’s brand groups include Baskin- Robbins, Dunkin’ Donuts, and Togo’s that are among the best loved names within the restaurant industry. Among the three brand groups, Dunkin’ Donuts is the biggest baked goods and coffee chain in the world, whereas Baskin Robbins is the leading ice cream franchise in the world. Togo’s is a fast growing and youngest of all the chains. It serves approximately164, 000 sandwiches ...

McDonald’s is the largest food service retailer of the fast food industry. Ray Kroc started the group of McDonald’s in the year 1955 in Illinois, United States. The company employs 444000 employees in 35429 restaurants located across 119 countries . A majority of the restaurants operated by McDonald’s belong to individual franchisees. The key factors that contributed to the success of McDonald’s are its suppliers and franchisees. Over 80 percent of the restaurants run by McDonald’s belong to the franchisees. McDonald’s has a market share of 57 percent . The company enforces the “Plan to Win” ...

Business-Level and Corporate-Level Strategies

Introduction
McDonald’s is world largest fast food service retailer. The company has successfully expanded its business outside US market. It operates in 118 countries and has opened around 33000 restaurants. Richard and Maurice McDonald founded the company in 1940 in the United States as a standalone barbecue restaurant. Further in 1955 Ray Kroc started franchising restaurants and improved company return on capital. Hamburgers, cheeseburgers, French fries, chicken, soft drinks, milkshakes, breakfast items, and desserts are the basic menu of its restaurant. The mission of the company states that “to be our customers' favorite place and way to eat ...

Analysis of Nike and UK Market Strategy Project

Discuss whether or not the retail strategy is being executed effectively by the retailer. Provide research support for your argument. Identify why they did or should expand globally.
Nike effectively executes retail strategy. From analysis of research on the company’s strategy in the UK, the company operates same format retails stores across the UK. The retail stores are either operated as franchised retail outlets or company-owned retail outlets (Soni, 2014). In addition to the retail outlets the company also sells its products through ecommerce. In the recent past the company hired a new digital strategy manager (Giordan, 2016).
...

Part I

In the year 2012, McDonald had a total revue of $27.567B. This was the total revenue from the firm together with the revenue from its franchised firms. The company alone made $18.603B, an increase of 2% from the previous financial year. In the same year, Yum made total revenue of $13.633B, with $11.833B from the company and $ 1.800B from its franchised and licensed firms. Burger King made $ 1.966B in revenue, in 2012. Though McDonald’s faced a lot of competition from Burger King Worldwide (BKW) as of 2012, the highest competition that the company faced was from Yum!. McDonald is larger ...

Introduction

Five Guys was founded by Jamie and Jerry Murrell and their sons, all five of whom first begun the business in 1986 with one branch in Westlake shopping centre, where they lived. However, the family expanded and eventually operated six locations in Northern Virginia. The franchise gained popularity with both locals and visitors, and the franchise started to expand at a rapid rate; in 2010, there were more than 670 restaurants operating across America and Canada.
Five Guys have survived on their basic philosophy of keeping things simple. They do not have drive throughs, their kitchen is open for ...

Introduction

The turn of the century has witnessed massive changes in the business environment. Multinational Corporations have emerged and are doing business in vast locations of the globe. These multinational corporations have taken advantage of globalization and liberalized economies to expand their operations beyond continental and cultural borders. India, Malaysia, Singapore, China and similar emerging economies, commonly referred to as ‘Tiger’ economies, present excellent business locations for such globalized expansion. While such businesses appear to record massive growth, several challenges have come into play. For instance stiff competition, political influence, government regulation, cultural differences and dissimilar consumer behavior in different ...

McDonalds’ External and Internal Environments

McDonalds Corporation is a leading food service business and recognized all over the world. It operates in the food industry (John, 2008). The corporation took off with the help of two brothers, dick and Mac McDonald, as a small, fast-food joint in the year 1948. A sales representative named Raymond saw significant opportunities in the market and advised the two brothers to spread out their operations and open more restaurants. Close to nineteen years later, McDonalds had opened more branches outside the United States of America.

Market segments

A market segment is the strategy used by company to divide the larger market into ...

During some recent years, after the 9/11, Al-Qaeda, the dreaded terrorist organization, has experienced huge flak, but of course has virtually spearheaded an expansionist movement in the name of “jihadist movement” across the world to continue the terrorist activities of Osama Bin Laden. In this article some of the few examples relating to Al-Qaeda’s ideological, strategic plus structural adaptations are being discussed. The article also gives a fact sheet of the contemporary weakness and strength of Al-Qaeda. In its unabated jihadi movement, Al-Qaeda’s continuous fanning many violent activities of others by orienting that violence to the United States ...

Introduction

The automobile industry is still majorly depending on the traditional procurement behavior which includes distribution franchisees that help the customers to choose a vehicle of their choice and buy them. This industry is one of the most competitive areas and has a large number of companies that compete with each other on various important issues related to the consumers like the design, speed, safety, brand value and pricing. A dealership was not only deal with sales however there are various other functions that it handled which may include warranty service, servicing, part sale and sales of branded accessories.
With the ...