Please original work Background information: There is a wide range of franchises. A typical process for choosing a franchise might include the following steps: Get general information on the franchise and on the firm by requesting a packet from the franchisor. Investigate the Uniform Franchise Offering Circular. This is a document required from all franchisors. It should have information on: The history of the franchise, its officers, and directors A list of all costs and fees The obligations of all parties A list of relevant litigation The success rate of units in the system Audited financial statements A list of existing franchisees A copy of actual franchise agreement Call and visit existing franchisees other than those suggested by the franchisor to see what their experience is. Examine the nature of supports given: Training programs Opening support Marketing programs Relations between franchisor/franchisee Actual level of investment Chosen Franchise: The UPS Store What recommendation would you give the CEO of your consulting management firm if the franchise is or is not worth pursuing. Talk about the key areas from the steps 1 through 4 above. What five key factors would you believe that would influence your selection of the chosen franchise of The UPS Store. Please cite in text references and add weblinks
Please original work
Background information: There is a wide range of franchises. A typical process for choosing a franchise might include the following steps: Get general information on the franchise and on the firm by requesting a packet from the franchisor. Investigate the Uniform Franchise Offering Circular. This is a document required from all franchisors. It should have information on:
The history of the franchise, its officers, and directors
A list of all costs and fees
The obligations of all parties
A list of relevant litigation
The success rate of units in the system
Audited financial statements
A list of existing franchisees
A copy of actual franchise agreement
Call and visit existing franchisees other than those suggested by the franchisor to see what their experience is.
Examine the nature of supports given:
Training programs
Opening support
Marketing programs
Relations between franchisor/franchisee
Actual level of investment
Chosen Franchise: The UPS Store
What recommendation would you give the CEO of your consulting management firm if the franchise is or is not worth pursuing.
Talk about the key areas from the steps 1 through 4 above.
What five key factors would you believe that would influence your selection of the chosen franchise of The UPS Store.
Please cite in text references and add weblinks
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