Main Body Paragraph 3 Opinion Sentence Explain opinion Sentence Explain or give example Conclusion Sentence 12 — Summary of main points Question 1 Sample Answer In some countries young people are encouraged to work or travel for a year between finishing high school and starting university studies.
August 14, by Adrian Rather than carrying out a company formation to start a new limited company, people often buy into an established franchise to get started in business. But what are the advantages and disadvantages of a franchise? Advantages of a Franchise As a business structure, a franchise can certainly be an appealing option.
With a number of advantages, it is often the choice of those looking to start a new business without the risks associated with going out on their own. An Established Business A franchise offers the advantage of operating under the banner of an already established business.
The ideas, the brand, the operating techniques and much more are already tried and tested and in place ready to be implemented again and again at a new location as each franchisee takes up the mantle. A Known Brand Operating under the banner of a franchise allows a franchisee to take advantage of the previously established brand of the business.
This means there will in theory be far less work and cost involved in trying to establish and build on the brand of the business. It will already be known and trusted by the market and therefore should produced a steady stream of brand-loyal customers. Adopting a franchise means the advantage of the franchises trademark and the benefits of a registered trademark.
Simpler Business Financing Yet another advantage of franchises is the fact that acquiring business finance is generally easier. Investors are far more willing to invest in a business with an established network, secure brand and effective support structure.
In some instances, finance may be acquired from the franchisor, making life even simpler for the new business. Business Relationships The franchisee can also take advantage of the numerous business relationships already established by the franchisor.
In all likelihood, relationships with suppliers and perhaps distributors will already be in place and easy to manage. The advantages of already established relationships with advertisers and marketing teams may also be of benefit to the new business start-up.
Support and Security Franchises offer the advantage of a support and security system. Often franchisors will offer training schemes and support with things like the management of accounts, sales, advertising and more.
中文（中国） עברית UTF-8 Everywhere. Manifesto. Purpose of this document This document contains special characters. Without proper rendering support, you . Apr 12, · The reason for increase in shooting cases in many countries has been linked to the number of households owning a gun. More and more people now own a gun and that has led to increase in number of cases reported for murders in some countires. Clover lawns have many advantages over traditional bluegrass or Bermuda grass lawns. It stays green all summer, with little or no watering, in most regions of the srmvision.com is relatively drought-tolerant and it greens up early in .
These sorts of things may well be included in the price of the franchise fee. The security offered by the franchise can give the impression that the business will be less likely to fail.
People often think that another advantage of starting a franchise is that they will make more money. The fees that a franchisee pays to the franchisor often means a big cut in profit and due to the limits imposed by the rules of the franchise it is often less easy to invest the profits in a tax-efficient way as you could by forming a new limited company.
A franchisee might benefit from higher profits in the beginning, but in the long term, they will often find that starting their own business would have been more profitable.
Disadvantages of a Franchise Just as with any business model, there are disadvantages to setting up a franchise. Quite often people are under the mistaken belief that the advantages outweigh the disadvantages, but this is because they are commonly blinded by the potential risks of starting a new business from scratch.
The formalities of setting up a limited company under which the franchise operates will be the same as if you were starting your own business. No Control The first and most significant disadvantage of a franchise is the fact that the franchisee has no control of the business or how it is run or very limited control.I drive a Honda Civic from I bought it in cash in for $ Other than routine oil change, I have never need to get it serviced.
I pay $30/month full coverage insurance for it (from Insurance Panda). Technology has become the key to a new world of education.
Online learning/e learning has become one of the most popular ways of gaining access to an education. IELTS essay prompt. Being a celebrity – such as a famous film star or sports personality – brings problems as well as benefits.
Do you think that being a celebrity brings more benefits or more problems? IELTS advantages and disadvantages questions normally give you a statement and ask you to comment on the advantages and disadvantages of that statement.
The problem is that there are 3 different types of advantages and disadvantages essay and they each require a different approach. If you answer. Clover lawns have many advantages over traditional bluegrass or Bermuda grass lawns.
It stays green all summer, with little or no watering, in most regions of the srmvision.com is relatively drought-tolerant and it greens up early in spring and remains green until the first frost. If you answered yes, you were probably using a form of moral reasoning called "utilitarianism." Stripped down to its essentials, utilitarianism is a moral principle that holds that the morally right course of action in any situation is the one that produces the greatest balance of benefits over.