Description
Franchise Opportunity Analysis For this project, you will write a Franchise Opportunity Analysis You will select a company in your local marketplace that has a niche (for example, a cool coffee shop or a doggy daycare that offers unique services), and identify what makes the business a good fit for franchising. This business should NOT be currently sold as a franchised business. So, you would not be able to use Jimmy John’s but you could use Geno’s Cheesesteaks. Basically, think of the local “mom and pop” diner or bodega. You can use the same business that you discussed in learning activity in week 6. Then, Include the following information about the business. Be explicit about why you think the business is franchisable (refer to Andrew Friedman’s video and Carol Tice’s article from week 7’s assigned reading on determining franchise ability of the brand). Provide the following:
Finally, you must sell the franchise to us. Incorporate into the presentation list out five features of the business and how those features could benefit a potential franchisee. Essentially, tell me why I should buy one of your franchises instead of your competitors. |
Explanation & Answer
Attached.
Franchise Opportunity
Analysis
Institution Affiliation
Instructor’s Name
Student’s Name
Course code
Date
Pronto Coffee
• Pronto Coffee Shop is located in New York State. The shop retails first foods
but majors on coffee product
• Self service is encouraged
• Customers use credit card and cash means of payment
• The business has three more branches but not under any franchise
Business Concept
• Pronto business concept focuses on :
• Business Structure
• Particular Product
Busin...
Review
Review
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