Franchise ProfileFranchise Profile100 PointsOBJECTIVE: Give students an opportunity to understand the role of franchising in the small business sector of the American economy.OBJECTIVE: Expose students to business research resources.LeBow Focus:Economics: Understand the role of small business ownership in the American economy. Explore the impact of recession on small business vs. larger corporations.
Problem Solving: Explore the options for small business ownership and weigh the advantages/disadvantages of franchising.Career Planning: Explore a career in small business and contrast traditional small business ownership with franchise ownership.Writing: Business writing using research data.Entrepreneurship: 15% of your gradeGOAL: Provide a basic understanding of the benefits of franchising business operations*How was the business created? (whose idea, history of the company)*Explain the advantages and disadvantages of a parent business franchising its operationsMarketing/Advertising: 15% of your gradeGOAL: Provide a basic understanding of the role of marketing in franchising*Identify the marketing strategy used for this company: global, national, local?Why is this strategy the best choice for this particular business?*Determine the advertising fee arrangements for the franchiseesOperations
Technical: Explore the current research.Use a comprehensive business plan: Explore the possibilities for restructuring of your business.Write a written, short and efficient business plan: Explore the opportunities for restructuring of a traditional small business to the point where you can create a more efficient companyOperations:
Technology: Explore the current research.Use a written and efficient business plan: Explore the opportunities for restructuring of a traditional small business to the point where you can create a more efficient companyOperations:
Business Strategy: Explore the current research.You must be able to communicate your team and the business plan for each aspect of the business plan.Business Strategy will be very personal for you and you must take note of the business plan, financials, tax implications, risk and success.What is expected?
A business plan will vary according to your strengths and weaknesses. This is a very personal business plan and may reveal a bit of personalization. It doesn’t be an exact plan but some may feel different. It is your responsibility to understand and share your strengths and weaknesses.To achieve this, business planning will provide a good, balanced business plan and be a personal business plan for each business on the list.If management expects this for each business, then the majority of business planning you receive will be for the current business and business plan, not for any other business. Please take note of the business plan and take it step by step.You MUST follow through and get the necessary background on the business management aspect of business planning.
Business Plan Information
Here’s the business planning information you’ll find on the free plan available on our site:[/p]
http://www.businessplan.org?p=1
We currently provide support services for small business owners, independent producers and small businesses working full-time, in partnership with their local financial organizations. Through your service (or at a lower cost to yourself or your company) we may provide services that are beneficial to your business. Through our customer management service program through which you can plan and manage your business, you will help create an easy, clean and effective business plan for your small business. In order to provide your business with a greater cost relative to the total costs of doing business, we strive to provide free service that will help you reduce your business costs.You can use our services as a part of a larger online plan. Our service will include:
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>Please note that we will do our utmost to provide you with the best possible advice. As soon as you request assistance, we will reply as quickly as reasonably possible. Please note that we will not be able to resolve any business situations that may arise while you plan and manage your business (so please make sure you are aware of all of your options and can work out when and where those situations might arise before you call the phone). Our contact information will always be on the phone or faxed to your doorstep when you request. The contact information is only as much as you are able to provide it without the help of us. Our phone number and emails will always be available as needed.