Benefits of franchising a restaurant
Illustrate the benefits of franchising a restaurant? Describe in brief.
Expert
The benefits of franchising are as follows:
a) If you get the right franchise in the right position, then it can be the lucrative opportunity.
b) You don’t have to come up with your own brand name and establish yourself from scratch. In most of the cases, you are relying on franchise name to encompass a certain amount of consciousness and a quality product which people know and want in your area.
c) There is help, training accessible to get you up and running. Most of the franchises will train you to make their product and teach you how to run one of units.
What are common strategic mistakes companies make within stagnating or declining markets?
Explain the company’s financial performance covering indicators.
Give brief introduction of the term Business Process Execution Language?
What are examples of competitive strength assessment?
Why are customer value chains and forward channel relevant?
Illustrates the Core Concept of achieving a Differentiation-based competitive benefit?
Illustrates the extra profitability and gains in shareholder value from Competitive benefit?
What do you mean by the term Group Level in Organizational behavior in understanding the human behavior?
What are the steps to be taken when you have an idea to enhance either a company product or service?
What do you mean by the term Total customer value in brief?
18,76,764
1957336 Asked
3,689
Active Tutors
1429536
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!