Category: Franchising
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The Hospitality Industry Management and Franchising Contracts
Managing the hospitality business is a challenging process especially given the current circumstances of a global pandemic. To remain a strong brand with promising revenue, hotels turn to various partnerships and affiliations that help them delegate responsibilities and enter mutually beneficial cooperation. Management contracts and franchising agreements stand out among the associations, as they are…
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Hospitality Property Management: Ownership and Franchising Issues, Impacts of Servicescape and Sustainability on the Hospitality Industry
Introduction For one to succeed in running the hospitality industry there is a need for him or her to come up with good management of the hospitality buildings and other properties that comprise the hospitality sector. For people to decide whether to visit a hospitality premise, they first consider the layout of its buildings. Well-maintained…
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Professional Sports Franchises
Table of Contents Introduction Challenges Coping Strategies Conclusion Reference List Introduction Athletic organizations are perceived to be among the organizations that generates the most profit. However, in running these organizations management is faced with serious problems, ranging from the health of the athletes, to the collection of revenue. Challenges Professional athletic organizations generate their revenues…
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Foundations of Microeconomics: Franchise Firms
How do franchise firms benefit from economies of scale? Franchise firms are the small businesses that are operated in such a way that they deal with goods of larger corporations. They usually buy the products from the corporation at a discounted price hence being able to supply them at a fair price. Examples of franchise…
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Franchise Opportunities in IT
One of the most known around the world entrepreneurs is Mark Zuckerberg, the co-founder of Facebook. Initially, the project included only the students at Harvard University, but started to expand rapidly and subsequently spread to other colleges and then the whole world. It was quite a remarkable achievement for a 23-year-old student without prior experience.…
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American Flatbread Companys Franchising
What is American Flatbread? How does the Company produce and distribute its products? Where in Indiana can you purchase American Flatbread? What does the Companys Mission Statement have to say about the core values of the business? American Flatbread is a company that believes in a return to the original bread roots. In this case,…
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Franchise Firm Entry Time
Introduction The authors aimed to show how franchises in Spain established in the early 1950s 1980s have been able to survive for so long due to their early entry into the market. This was done by comparing the survival rate of franchises established at later dates and those that were established much earlier. The…
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Franchising: Advantages and Disadvantages
Table of Contents Advantages of franchising Disadvantages of franchising Whether sport-related businesses need to franchise References It may not be appropriate to underestimate the challenges associated with initiating and running small business entities. As a matter of fact, there are several small-scale businesses that often fail even when the economic climate is favorable (Dant, 2008).…
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Business Structure for Pilates Studio Franchise
Starting a new business is a complicated process covering identification of the most appropriate legal structure; selection of the necessary business form requires balancing all strengths and weaknesses from a legal point of view in order to simplify further company activities. The idea to open a Pilates Studio franchise needs a thorough analysis of various…
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E-Business Model Evaluation of the Mitsis Hotels Franchise
Introduction With the rapid growth and development of the Internet space and the globalization of the world, big changes are taking place in all areas of handling business. One of these implications is the online business model, which permits a more efficient business interaction in todays marketplace. The benefits of e-business include savings on agency…