Title by Anthony Seefeldt

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Published on Jan 28, 2016

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PRESENTATION OUTLINE

FRANCHISE

A BUSINESS THAT CREATES MAIN IDENTICAL FIRMS

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PERCENTAGE:

SUPPLIES MILLIONS OF JOBS

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RISK/REWARDS:

USUALLY SUUCCESFUL

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PROS/CONS:

PRO:USUALLY WELL KNOWN CON: LACK CONTROL

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SPECIFIC EXAMPLES:

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TACO-BELL:

FOUNDED IN 1946 BY GLEN BELL. HE CLOSED AD RE-OPENED STANDS A FEW TIMES.

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KENTUCKY FRIED CHICKEN (KFC)

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McDONALD'S

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IN DEPTH EXAMPLE

TACO BELL STARTED AS A STAND, SOLD TO KERMIT BECKY

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10.

WITHIN 5 YERS

OVER 100 SITES OPENED

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TO OPEN ONE, YOU NEED

1-2 MILLION DOLLARS, PAY 5.5% PROFITS TO TACO BELL, PLANNING AND COMMITMENT.

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QUESTIONS

WHAT KIND OF EXPERIENCE DO YOU NEED TO OPEN A FRANCHISE?

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HOW SIMILAR ARE FRANCHISE SITES?

ARE ALL FRANCHISES SUCCESSFUL?

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DO YOU KNOW ANY ONE WORKING IN A FRANCHISE BUSINESS?

HOW COMMON DO YOU USE A FRANCHISE BUSINESSES FOR SERVICE OR PRODUCTS?

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