The type of franchise service that appeal most to the business owner. Introduction: When the right to use the name of a specific business is given somebody to sell the goods and services under the name in a particular territory, it is known as franchise.

Question

Want to see the full answer?

Answer 1

Question

Chapter 5.5, Problem 5.5AQ

Summary Introduction

To determine: The type of franchise service that appeal most to the business owner.

Introduction:

When the right to use the name of a specific business is given somebody to sell the goods and services under the name in a particular territory, it is known as franchise.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Students have asked these similar questions

One of the most successful business models is the franchise, but it didn't originate with McDonald's. Sir Harold Evans describes the remarkable story of a beauty salon that allowed hundreds of women to own their own businesses. here's the link https://www.youtube.com/watch?v=Ie8qJuXYN7w&t=5s 1. The expansion of Martha Harper’s franchising idea today drives half of all retail sales in America. This means one woman has had a really remarkable effect on America’s economy. So why is she relatively unknown? How did Harper provide a distinctive experience for her customers, franchise owners, and employees? What are her other legacies, in addition to her franchising idea? Martha Harper was sent away at age seven by her father to work as a domestic servant, her profession for 25 years until she saved enough money to start her own business. Can you think of another entrepreneur or public figure with a similar rags-to-riches story? Describe with at least 1 reference in APA style.…

Starting up and managing a business requires one to act responsibly and ethically at all times. It is also imperative that one carefully considers the management team and the opportunities that franchising presents to a business to create a bigger brand name and increased market share You may consider franchising your business at some point. Discuss with justification, the type and model of franchise that your business will enter into.

The process of starting a new business can be difficult, especially when you are trying to break through the fear and confusion. We live in a world where we have an endless amount of opportunities, and it can be quite overwhelming to start looking at all the different options that are available to you. You may also feel like all business ideas have been done before and that you’ll never be able to come up with something that is unique and that would be successful. From the above scenario, we realized the challenge and opportunity in creating a new business venture in UNITEN. Using your own words, justify the following QUESTIONS: 1. Justify TWO (2) challenges to be considered when coming up with a new business idea in UNITEN. 2. Provide your own VISION and MISSION to start a new venture. 3. Describe ONE (1) passion in starting the new entrepreneurship

Answer 2

Question

Chapter 5.5, Problem 5.5AQ

Summary Introduction

To determine: The type of franchise service that appeal most to the business owner.

Introduction:

When the right to use the name of a specific business is given somebody to sell the goods and services under the name in a particular territory, it is known as franchise.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 3

Question

Chapter 5.5, Problem 5.5AQ

Summary Introduction

To determine: The type of franchise service that appeal most to the business owner.

Introduction:

When the right to use the name of a specific business is given somebody to sell the goods and services under the name in a particular territory, it is known as franchise.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 4

Question

Chapter 5.5, Problem 5.5AQ

Summary Introduction

To determine: The type of franchise service that appeal most to the business owner.

Introduction:

When the right to use the name of a specific business is given somebody to sell the goods and services under the name in a particular territory, it is known as franchise.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 5

Chapter 5.5, Problem 5.5AQ

Summary Introduction

To determine: The type of franchise service that appeal most to the business owner.

Introduction:

When the right to use the name of a specific business is given somebody to sell the goods and services under the name in a particular territory, it is known as franchise.

Answer 6

Chapter 5.5, Problem 5.5AQ

Summary Introduction

To determine: The type of franchise service that appeal most to the business owner.

Introduction:

When the right to use the name of a specific business is given somebody to sell the goods and services under the name in a particular territory, it is known as franchise.

Answer 7

Chapter 5.5, Problem 5.5AQ

Summary Introduction

To determine: The type of franchise service that appeal most to the business owner.

Introduction:

When the right to use the name of a specific business is given somebody to sell the goods and services under the name in a particular territory, it is known as franchise.

Answer 8

Expert Solution & Answer

Answer 9

Expert Solution & Answer

Answer 10

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 11

Ch. 5.1 - Prob. 5.1AQ Ch. 5.1 - Prob. 5.1BQ Ch. 5.1 - Prob. 1TP Ch. 5.1 - Prob. 2TP Ch. 5.2 - Prob. 5.2AQ Ch. 5.2 - Prob. 1MED Ch. 5.2 - Prob. 3TP Ch. 5.2 - Prob. 4TP Ch. 5.3 - Prob. 5.3AQ Ch. 5.3 - Prob. 5TP

The type of franchise service that appeal most to the business owner. Introduction: When the right to use the name of a specific business is given somebody to sell the goods and services under the name in a particular territory, it is known as franchise.

Solution Summary: The author explains the type of franchise service that appeals most to business owners.

To determine: The type of franchise service that appeal most to the business owner.

Introduction:

When the right to use the name of a specific business is given somebody to sell the goods and services under the name in a particular territory, it is known as franchise.

Want to see the full answer?

Chapter 5 Solutions

The type of franchise service that appeal most to the business owner. Introduction: When the right to use the name of a specific business is given somebody to sell the goods and services under the name in a particular territory, it is known as franchise.

Solution Summary: The author explains the type of franchise service that appeals most to business owners.

To determine: The type of franchise service that appeal most to the business owner. Introduction: When the right to use the name of a specific business is given somebody to sell the goods and services under the name in a particular territory, it is known as franchise.

Want to see the full answer?

Chapter 5 Solutions

To determine: The type of franchise service that appeal most to the business owner.

Introduction:

When the right to use the name of a specific business is given somebody to sell the goods and services under the name in a particular territory, it is known as franchise.