Those are the questions that I want you to answer In a brief paragraph (at least 3
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Those are the questions that I want you to answer
- In a brief paragraph (at least 3 sentences) indicate the name of the franchise and why you decided this and why is this needed in Fargo. (5 points)
- What is your current competition? List at least 3 current competitors here in Fargo. (3 points)
- What challenges do you envision being the most difficult to overcome? (2 points)
- Where will the store be located and a short explanation of why you made this decision. (At least 3 sentences) (5 points)
- Detailed information about franchise start up i.e. Start-up costs. Specify what the owner ("franchisee") will have to invest, as well as any contributions toward start-up that the franchisor will make. Potential profit or income from the business. It is possible that this information will not be provided at the sites above, so be prepared to do some research beyond what's available there. Support that the franchisor will provide the owner ("franchisee"), such as training, supplies, materials/equipment, location, building. (8 points) (At least 6 sentences)
- Explain the brief history, the current state of the franchise. Also provide information about the future outlook of the franchise. (At least 4 sentences) (5 points)
- List the websites that you received the information from. (2 points)
- In a brief paragraph (at least 4 sentences) please explain why it is important to go through the research process before you decide to create a new franchise in a market. (6 points)
Related Book For
Fundamental Managerial Accounting Concepts
ISBN: 978-0078025655
7th edition
Authors: Thomas Edmonds, Christopher Edmonds, Bor Yi Tsay, Philip Old
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