Concept
How can you evaluate the benefits and risks of becoming a franchisor?
IntroductionToBusiness OP 8D04gAa / Preparing for Tomorrow's Workplace Skills
"4. You and a partner co-own Swim-Clean, a successful pool supply and cleaning service. Because sales have tapered off, you want to expand your operations to another town 10 miles away. Given the high costs of expanding, you decide to sell Swim-Clean franchises. The idea takes off, and soon you have 25 units throughout the region. Your success results in an invitation to speak at a local Rotary Club luncheon. Prepare a brief presentation describing how you evaluated the benefits and risks of becoming a franchisor, the problems you encountered, and how you established good working relationships with your franchisees. (Information)"
Related Ideas
- How should you evaluate the benefits and risks of becoming a franchisor?IntroductionToBusiness OP 8D04gAa · Preparing for Tomorrow's Workplace Skills
- What are the advantages and disadvantages of franchising?IntroductionToBusiness OP 8D04gAa · 4.5. Franchising: A Popular Trend*
- What ethical obligations does Quiznos have to its franchisees?IntroductionToBusiness OP 8D04gAa · Ethics Activity
- Why is franchising an appropriate form of business organization for some companies?IntroductionToBusiness OP 8D04gAa · Summary of Learning Outcomes
- How does a franchise agreement work?IntroductionToBusiness OP 8D04gAa · 4.5. Franchising: A Popular Trend*
- How can you evaluate whether a franchise opportunity is right for you?IntroductionToBusiness OP 8D04gAa · Preparing for Tomorrow's Workplace Skills
- How does franchising organize relationships between franchisors and franchisees?IntroductionToBusiness OP 8D04gAa · Glossary
- What should prospective franchisees investigate before buying a franchise?IntroductionToBusiness OP 8D04gAa · Critical Thinking Case