Would you recommend that alison nelson franchise the chocola

Assignment Help Finance Basics
Reference no: EM131125608

The Chocolate Bar has grown into an international business, thanks to founder Alison Nelson's deal with Dubai entrepreneur Mary Ghorbial. Nelson chose licensing instead of franchising because she had to adapt The Chocolate Bar's products and presentation to accommodate local needs and customs- changes not allowed under franchising. "It's not a franchise. It's the same brand, but with local touches," she explains.

Advised by Ghorbial, Nelson says she "got rid of things that were too American," including peanut butter ingredients, and added new flavors to suit local tastes. She also added fancy chandeliers and other opulent touches to the café's design. Even with these changes, chocolate remains the star of the menu-a treat in any language.

1. If you were working on a business plan for The Chocolate Bar in the United States, what potential risks would you mention? How would you suggest that the company deal with these risks?

2. Would you recommend that Alison Nelson franchise The Chocolate Bar within the United States? Explain your answer.

Reference no: EM131125608

Questions Cloud

Find rate at which profit is changing with respect to time : The demand and cost functions for a product are p(x) = 130 - 0.01x and C(x) = 30x + 1100, If the manufacturer decides to increase production by 70 units per week, find the rate at which profit is changing with respect to time when the weekly produc..
Changes that should happen after the fraud : Evalutate article two page paper - Pharmaceutical Fraud Diluting Crooked Pharmacist' Drug Treatment Tampering
The primary objective of business organizations : The primary objective of business organizations is to maximize shareholder value. What is "shareholder value" and how is it measured? Do you think that maximizing shareholder value is a manageable process?
Make databases useful to corporations : Evaluate the tools, technology, and trends that make databases useful to corporations. Provide an example of a corporate database and how your tools and technology would be used in the organization of your choice
Would you recommend that alison nelson franchise the chocola : Would you recommend that Alison Nelson franchise The Chocolate Bar within the United States? Explain your answer.
Never pay another dividend : Maloney, Inc., has an odd dividend policy. The company has just paid a dividend of $6 per share and has announced that it will increase the dividend by $5 per share for each of the next five years, and then never pay another dividend.
Business pressures from strategic and tactical perspective : We have business pressures in digital firms that require information systems solutions. Review the evolution of information technology solutions that address the business pressures from a strategic and tactical perspective.
Would you rather own your own business independently : Would you rather own your own business independently or become a franchisee? Why?
Which is most likely to help carlos lift his spirits : Sally works as a customer care executive at a telecom office in Ohio. She often needs to interact with a regular customer and she finds him extremely annoying. However, because of the nature if her work, she conceals her emotions well and politely..

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd