Reference no: EM131060320
You are convinced that purchasing a franchise is your method for becoming a small business owner.
You are presented with two possible franchise operations. In a short paper, discuss the merits and potential drawbacks of each of these franchises. Which franchise would you invest in, and why?
Snip 'N Clip (SNC Franchise Corporation):
This franchisor began business in 1958 and started franchising in 1985. Its business is providing all kinds of hair procedures. There are 84 locations throughout the United States, 43 of which are owned by franchisees. The initial franchise fee is $10,000, and total investment ranges from $50,950 to $58,450. The company doesn't offer financing.
Smoothie King:
This smoothie company finished on top of the juice bar category in Entrepreneur magazine's 2007 Franchise 500 list (it finished 91 overall). Smoothie King began franchising in 1988, selling healthy snacks in Covington, Louisiana. There were 437 independent franchises in 2006. The franchise fee is $25,000, the royalty fee is 6 percent, and the start-up costs range from $121,000 to $250,000. The company offers financing for the franchise fee, start-up costs, equipment, and inventory.
Guidelines for Submission: Short papers should use double spacing, 12-point Times New Roman font, and one-inch margins. Sources should be cited according to a discipline-appropriate citation method. Page-length requirements: 1-2 pages
Difference between commodity money and fiat money
: What is the difference between commodity money and fiat money? Provide an example of each.
|
Identify the key competitors google currently faces
: Choose one area in which Google currently operates, such as search, social networking, online video, email, or online applications - Identify the key competitors Google currently faces in the area that you've chosen.
|
Write a literary analysis on the short story
: Your thesis will identify a major theme of the work and explain how this theme contributes to our understanding of the story as a whole. In the body of the paper, you should support your thesis by analyzing quotations and examples from the short s..
|
Calculate the labour force participation
: Assume that there are only two types of employment: full time and part time. Everyone who is not employed is unemployed. Calculate the Labour force participation and ii) unemployment rate. Show all your calculations.
|
Discuss the merits and potential drawbacks
: You are presented with two possible franchise operations. In a short paper, discuss the merits and potential drawbacks of each of these franchises. Which franchise would you invest in, and why?
|
Find out the capital spending program
: The firm estimates its annual profit of $100,000 would increase by fifty percent when the capital program is completed. Assuming the firm has a 20-year life and the appropriate interest rate is 12 percent, should the capital spending program be im..
|
How you can best apply the topics to choose your business
: Write 600 words, 200 words each topic with 2 references, we need to write on this just simple like a essay explaining how you can best apply the topics to choose your business achievable sustainable success. Topics are - Job design, Leadership appr..
|
Representation of different subject areas
: Identify ways in which critical thinking skills and quality questioning can be incorporated into classroom expectations on your campus.
|
How far along the path to modernity and peaceful
: Is the government honest or corrupt, is the public sector of the nation supportive of market institutions? How far along the path to modernity and peaceful and free civilization are they?
|