Thursday, October 28, 2010

From redundancy to business success

Nowadays, franchises are popular around the world, but it cost many of value to invest for once. According to the BBC news, a man who used his redundancy to take on the franchise of a coffee-shop. He said that he found a business success by a cup of coffee. Moreover, it's a quick business, but it still costs to open franchises. People should have experiences to do franchises. Therefore, who success in a cup of coffee business, Gerry Carey, helps other people to start and build up their own franchise businesses.

I agree with the speaker in this video because in invest for once it costs thousand of money. If we didn't buy franchises, but we open business by yourself and try to make them expand to have many branches. I think that this video has an interesting information about opening franchise business. This source guide us about your benefit and abilities to open franchises. I think we can rely in this source because this video is upload in BBC News. I can use some information about this source in my term paper.

Sunday, October 24, 2010

McDonald's Across the World


Terrance(2009) said that McDonald's are popular and famous around the world. As we know, McDonald's have many branches in many part of region. According to
the financial crisis in Iceland, it affect McDonald's made a decision to close down branches in Iceland because the country's financial crisis caused everything are expensive so it hard to operate the franchises. Ogmundsson pointed out that the goods that they bought from Germany are expensive like an incredible. For example, a kilo of onion that they ordered from Germany are expensive equivalent of a bottle of first class of whiskey. After the closure in Iceland noticed, European has directly interested in McDonald's dominance around the world, most of franchises in US are most interesting.

Currently, I quite sure nobody don't know a fast food places which sell popular French fries call McDonald's. From this news, I noticed more about the progress of McDonald's franchises in other countries. I think that this article has some interesting information such as about buying a kilo of onion caused some affects with McDonald's, if some country has financial crisis or any issues. I think we can rely this news because the author wrote this topic in sites of newspaper call business management. I can use this article in my term paper about the financial of other countries affect McDonald's franchises.

Sunday, October 10, 2010

Should You Buy a Franchise?

According to the Ward, there are both advantages and disadvantages of buying a franchise. The reason that why people like to invest in franchise because it's a business that has been successful, it have a lot of assistance and equipment when they are starting a business, your franchise will benefit from the collective buying power of the parent company, it's well-known and franchise business can be widely profitable, although buying a franchise is expensive, you can not do another things into your way ,and you must paid tax to franchiser each month.

In my opinion, investing in franchise is good, but we should learn more about franchise business, and we need to know about the franchise business that we're planning to buy. Nowadays, almost people invest in franchise even though it's really paid much money because people believe and rely the franchiser and business. However, trend buying in franchise is in notion of many people, so you should get more information about this before you make a decision about it. There are advantages and disadvantages to do with my term paper. I think this source is interesting. This website is not more reliable, so I can use some of information in my term paper.