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Purchase of a Franchise Essay

Table of Contents Introduction Assessment of the Risk and Returns of the Franchise Investment Factors to Be Considered For a Franchise Investment Laws Giving Special Protections to the Franchisee Recommendations Works Cited Introduction Organizations and individual entrepreneurs continue to adopt more innovative approaches to business. Evidently, globalization and technological developments have played crucial roles in this business. Generally, these two factors have increased the rate of business processes. It is observable that brands have advanced beyond their domestic and regional markets (Schell 2011). There is a notable platform for global business negotiation and franchise opportunities. There are several fundamental elements to be considered while establishing and conducting an international franchise. Strategies applicable in the management of complications associated with international franchise are eminent within all sectors of investment. Entrepreneurs interested in franchise business must take into consideration the crucial challenges. Ideally, the basic objective is always to minimize the negative implications of franchise operations. Precaution and effective examination is vital for all parties interested in the global franchise business (Lorette 2013). This paper presents critical considerations to be undertaken during the establishment of a franchise investment. Additionally, it describes the process of assessment of the risks and returns associated with the business. There is a description of the laws providing special protections to the franchisee. The report also indicates vital analysis and recommendations to be adopted by the franchisees. Assessment of the Risk and Returns of the Franchise Investment The report focuses on investment in the franchise within the Canadian hospitality industry. For this segment of international franchise, the interested parties must consider a variety of factors. However, it is vital for them to examine the risks and returns linked with this global franchise initiative. Canada is strategically fit for the establishment of the franchise. Particularly, the country faces a huge influx of tourists and international travels (Herman 2013). This enables the hospitality industry to realize great revenues and profits. Therefore, it is the ideal destination for the establishment of this kind of investment. It is imperative to indicate that Canada has one of the greatest potential markets for the franchise sector. The nation borrows a lot of franchise strategies and ideas from the major U.S business industry. Those involved in the franchise industry must note that Canada has distinct features. These might have severe business implications. Such important characteristics include the unique regional and the demographic elements. These factors require adequate attention for the business to realize its targeted success. Get your 100% original paper on any topic done in as little as 3 hours Learn More Franchising is a process in which the private businesspersons purchase the entitlements to establish and manage a site of a potential company (Arthur 2000). Regulatory concerns within Canada must be fully complied with during the process. The franchisor and the franchisee must be engaged in a legal contract. The contract must indicate and explain the terms and conditions in a comprehensive manner. There are a variety of advantages and disadvantages associated with the franchise business. These must be noted before the franchisee signs the legal business contract. The franchisee must note that the foremost procedure is to analyze and accent to the terms indicated within the contract. Failure to observe this consideration might lead to the experience of potential losses by the franchisee. The Canadian hospitality industry borrows certain regulations indicated in the “international franchise association” (IFA) charter. Nonetheless, other regulatory frameworks emanate from the statutory provisions in Canada (Arthur 2000). The franchisee interested in the Canadian hospitality is entitled to several benefits. They are likely to obtain adequate familiarity with the company’s name. In addition, the impact of the original company’s culture, brand and training may help in the development of a powerful franchise stature. These merits are vital for the successful running g the franchise business in Canada. The franchisee is likely to benefit from the bustling hospitality industry in different ways. The high level of revenue recorded from the tourist sector is set to minimize the probability of failure of the franchise. The explicit Canadian business and investment policies might also lead to a considerable level of business success. The parent company might be willing to extend its innovative practices to the franchise (Elgin 2002). These might include human resource training and apprenticeship. Employee welfare is one of the crucial elements of success. It must be extended to the franchise organization. We will write a custom Essay on Purchase of a Franchise specifically for you! Get your first paper with 15% OFF Learn More Generally, provision of a support strategy to the franchise owner has positive implications on its overall performance. The franchisee must face the elementary risk of raising the rights required for operation of the franchise. There are additional costs required to develop the necessary enterprises and functional systems. This may also cover employee remuneration. The Canadian business laws must be complied with to the maximum level. These also include other necessities involving tax regulations and costs incurred during business licensing. The costs involving the authorization of the capacity to run and manage a franchise in the Canadian hospitality vary in a significant manner. The franchise entrepreneur may remain liable for other constant expenditures. These might have negative implications on the business. Indicatively, they differ in orientation, such as those linked to the royalties and use of the name or brand of the mother company. In the end, such identifiable on-going expenditures might deeply minimize the level of expected profits (Lorette 2013). Other potential precautions might increase the level of associated business risks. For instance, the Canadian franchise is still under refinement. Therefore, certain laws might predispose the franchisee to significant levels of risks. Certain regulations underlined within the franchise contracts appear very stringent and punitive to the business owners. The owners of the franchise must also comply with the contract. The aim is to reduce the likelihood of termination of the contract. Factors to Be Considered For a Franchise Investment There are diverse factors to be considered for a franchise investment in the Canadian hospitality industry. The franchisee must know that Canada has restrictions on trademarks. Canadian authorities only safeguard legally registered trademarks. The power to register such trademarks is only exercised by the federal government. The importation of franchise laws from the U.S must be avoided. Particularly, the franchisee must consider innovative techniques applicable within the hospitality industry. Regulations that advocate for individual franchises must be reviewed (Schell 2011). There are different franchise investment policies within distinct regions in Canada. These include the “grant master franchise and development agreements.” Observably, these franchise agreements remain unique for every province in Canada. Integration of the domestic businesspersons in the franchise process must be considered. This is because it is a fundamental initiative that improves the level of engagement of local communities in the franchise process. It is also critical for the franchisee to adopt the “Canada oriented marketing.” This enables them to enhance the brand and extend the local market for the franchise (Herman 2013). Not sure if you can write a paper on Purchase of a Franchise by yourself? We can help you for only $16.05 $11/page Learn More This initiative shall help the franchise business to flourish within Canada. The “Canadian franchise association”, (CFA) plays a crucial role in the regulation and protection of the franchisees. Therefore, the franchisee must examine and be conversant with the regulatory measures in the CFA. Laws Giving Special Protections to the Franchisee The provincial disclosure provisions are evident in three of the major provinces in Canada. Ideally, this provision offers the franchisee a special kind of cushion and protection from exploitation by the mother organization. There are other provinces with necessary protective legislations for the franchisee. Generally, these regulations have different monitoring agencies throughout Canada (Herman 2013). Some of the regulatory frameworks indicated under the provincial disclosure in Ontario and Alberta are aligned with those of the U.S. This regulation subjects the franchisor to certain conditions that must be attained before any business contract is signed by the potential investors. For instance, all of the parties are required to make public all the material information regarding the deal. The “uniform franchise commission of Canada” is in the process of establishing a universal franchise law. Recommendations The franchisee must be aware of all legal requirements of the business within Canada. Additionally, it is vital to consider the refinement of these regulations. This shall help to enhance the development of a fully protective and regulatory authority. The hospitality sector is one of the leading franchise industries with approximately 40% records (Schell 2011). However, many precautionary measures must be exercised to ensure minimal losses. The franchisee must be keen to develop effective and transparent business partnerships. Comprehensive documentation and legal consultations are critical components of the franchise business. Stringent measures are appropriate in the practice of franchise business. It is also upon every investor to examine the franchise contracts before they accent to any conditions. Works Cited Arthur, A. Canada’s Hospitality Sector; Consolidation, Consolidation, Consolidation. 2000. Web. Elgin, J. Choosing a Legal Form for Your Franchise. 2002. Web. Herman, M. International Franchising. 2013. Web. Lorette, K. Definition of a Franchise Business. 2013. Web. Schell, C. Canadian Franchise Industry. 2011. Web.
1) find the factor of p and q and the possible combination of p/q.. Question 2) use the possible combinations to substitute into the given polynomial.3)when you find a number that work (make the polynomial equal 0), use synthetic division to get a quadratic polynomial. 4) factor the quadratic to get ALL the factor (you should have three factors ) 5) find the roots Use the steps aboveA. X3 -4×2-7x 10= 0b. X -2x -x 2 = 0 c. X 8x 19x 12= 0 Comments (0)1) find the factor of p and q and the possible combination of p/q.

Information Security Policy & Potential Legal Liabilities Discussion

Information Security Policy & Potential Legal Liabilities Discussion.

For this assignment, you will use the materials in the Related Materials section below to prepare a security policy template for your current employer or a fictional company, if you are not currently employed. As you prepare your template, remember that a good information security policy template should address concerns, as follows:the prevention of wastesthe inappropriate use of the resources of the organizationthe elimination of potential legal liabilitiesthe protection of valuable information of the organizationRelated MaterialsView 39 Ready-to-use Non-Compete Agreement Templates. (Links to an external site.)View cyber security templates. (Links to an external site.)
Information Security Policy & Potential Legal Liabilities Discussion

Business processing model Essay

assignment writing services Business processing model refers to the manner in which concepts are handled in a firm, as opposed to what is being done. This is the main distinction between this concept and system modeling. It facilitates in deciding the nature of business undertakings, therefore, facilitates competent decision making as pertains to the concepts to be adopted. They record daily activities, making it is easier to determine processes that can be managed easily and those that need upgrading. This concept, if adopted by Wood House Day Spa in Cincinnati, Ohio will be of immense benefit to their undertaking. This firm concentrates on promoting personal health through diet and other fitness activities. Clients are taken through a plethora of training regimes, both in the gym and outdoor events. They undergo regular massage sessions and have access to a spa. In addition to this, Wood House has a retail outlet for their beauty products and food supplements. Since it is a new company, they offer their services at affordable costs and have ambitions of transforming themselves into market leaders. In order to achieve this, it is imperative that they adopt a suitable Internet based business processing model. Business model and Its Importance In order for one to achieve success in online marketing, they should staunchly believe in the philosophy that success relies on consumers, as opposed to purchasers. Computers characterize life for a majority of the populace. With these in mind, they should be willing to avail free information on their products online, since a majority of persons will not be willing to spend on commodities they do not know. The utility model is flexible enough and can serve them well, helping them achieve their goal. It contends that although users consider service a necessity, reliability is essential, and this may limit utilization of capacity. Functional stipulation for Internet use and benefits of a Website Electronic retailing is among the fastest growing online ventures at the moment. By designing a website, they will publicize their products on a large scale, without any restrictions. They also stand a chance of earning proceeds if people will want to advertise on their portal. Wood House can post information about their organization and products on select websites, with links to their portal for further information. They stand to benefit a great deal from this since most people prefer remote shopping. Delivery services can be outsourced from other companies hence keeping their overhead low. Get your 100% original paper on any topic done in as little as 3 hours Learn More Communication with their customers will be swifter and more reliable. They can establish email addresses and premium numbers as to serve as hotlines for use incase of any emergency. Random clients can also be picked to participate in online surveys to help them improve their product and service quality. In line with this, the Manufacturer Direct concept is the best model they can adopt. This front provides them with several models, most notably the purchase model, which will allow them to sell their goods directly to their purchasers. They will enjoy all profits arising from the sales. For their therapeutic products, they can adopt the lease model. They will allow customers to access to services for a specified duration before billing them as agreed upon. This method can be used for regular customers. Lastly, the Brand-Integrated integrated approach can also be used to interact with customers and sell them products. Wood House will formulate messages with information on the products and relay them to target audiences. In order to achieve this, they require a server. Technological stipulation for Implementation and software utilized IBM Super computer are aptly suited for this job. Personal computers, most preferably desktop computers are necessary. They will require word processing software to create material for their clients and format converters to make them up loadable. JavaScript is the best programming language they can use to design their website. References Bono, E and Heller, R. (2006). Internet Commerce: You can’t afford to bide your time with new technology. Web. Fox, S. C. (2008). Internet Riches: The Simple Money-Making Secrets of Online Millionaires. New York: AMACOM Div American Mgmt Assn Rappa, M. A. (2004). The utility business model and the future of computing services. IBM Systems Journal Vol. 43 No 1. We will write a custom Essay on Business processing model specifically for you! Get your first paper with 15% OFF Learn More Rappa, M (2010). Business Models on the Web. Digital enterprise Retrieved from http://digitalenterprise.org/models/models.html

why to include in your response to the following:

why to include in your response to the following:.

Before starting this activity, review the Week 5 LEARN (e-Activity) (there are several) and read Chapter 6 in the course text book. Doing this will give you the why to include in your response to the following:”Victory Motorcycles”· From the LEARN e-Activity and the case study 29 (p. 419 in the textbook), evaluate the Corporate-Level Strategy of Victory Motorcycles to determine whether you believe the strategy is appropriate to offset forces in the industry.o Provide specific examples to support your response.· Make recommendations for improving this strategy as well as describing any challenges you foresee in executing those recommendations.o Provide specific examples to support your response.Be sure to respond to at least one (1) other student.
why to include in your response to the following:

The Defense of Injustice by Marcus Tullius Cicero

The Defense of Injustice by Marcus Tullius Cicero. Paper details Read Marcus Tullius Cicero’s, The Defense of Injustice pages 143-153 in A World of Ideas.Think about another author we read this semester who used dialogue and analyze the effectiveness of this type of rhetoric. As you will read, Cicero is another author who explores abstract terms and through dialogue, he interjects his own definitions and opinions about abstract ideas such as justice, injustice, and wisdom, to name a few. After you have read Cicero’s, The Defense of Injustice, write an essay that responds to one of the prompts below: 1.) Clarify what Philus means by the term “wisdom,” which he introduces in paragraph 18. How do you understand the word “wisdom” and how appropriate is the word “wisdom” for the ideas he describes? Would most people today regard the behavior he sketches out as an example of wisdom? What moral or ethical problems arise from Philus’s concept of wisdom? -must use at least three quotes with parenthetical citations in your essay; these quotes must support your thesis/argument. -must also have an introduction and conclusion, focus on a developing a strong thesis and supporting that thesis with strong, well developed, and well supported body paragraphs -must also write a minimum of 3 full pages of text -Follow MLA formatting but you do not need a Works Cited page.The Defense of Injustice by Marcus Tullius Cicero

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