BMGT 302 Franchising Andrew Friedman video discussion
Business Finance
Part 1
Review the Andrew Friedman’s You-Tube Video on how to sell a franchise a business. In addition, review the other assigned reading for the week.
Consider the business that you discussed in your week 6 learning activity. Now that they have followed your (hypothetical) advice and have franchised their business, they must start selling franchises to franchises as they are no longer just a small business owner, they are now a FRANCHISOR. What type of person should this FRANCHISOR try to sell their franchises to? How do suggest the FRANCHISOR market and sell their franchises (consider Andrew Friedman and Homsey’s suggestions)?
Note: Initial Response of a minimum of 200 words and two (2) follow-up responses of more than 50 words.For the Rubric is: https://learn.umuc.edu/d2l/lms/competencies/rubric…
Part 2:
Read John Warrillow’s article, Can You Sell a Franchise? Then, discuss the benefits and challenges of selling the franchise once the franchisee has decided to move on from company.
Next, review Haagen-Dazs’ Franchise Agreement once again. What is their policy for terminating (selling/closing/getting out of) your franchise agreement? Warrillow discussed transfer fees and restrictions, what are the restrictions imposed by Haagen-Dazs?
Note: Initial Response of a minimum of 200 words and two (2) follow-up responses of more than 50 words.For the Rubric is: https://learn.umuc.edu/d2l/lms/competencies/rubric…
Login ID: eebai
Password: @Pass4sure
