I will pay for the following article Explain the advantages and disadvantages of starting a business from scratch, franchises, and existing businesses. The work is to be 2 pages with three to five sources, with in-text citations and a reference page. Running head: Entrepreneurship: Small Business Entrepreneurship: Small Business Franchises (your module (Instructors Name)
Date of Submission (July …, 2012)
Entrepreneurship: Small Business Franchises
Introduction
An aspiring entrepreneur has a few alternatives available to fulfill his/her dreams of owning and managing a business like franchise, buyout, and starting a new venture from the scratch. These options present different risk/reward situations and a careful evaluation can lead to the right choice. This essay briefly describes the advantages/disadvantages of starting a business from the scratch or buying out an existing business, and considers the specific case of a franchise option.
Advantages/disadvantages of alternatives
Starting from the scratch denotes a high risk-reward situation. Advantages include the freedom to implement one’s ideas to a large extent, aligning the investment and resource mobilization with market conditions rather than committing to rigid plans, and ease of entry and exit with minimum dependence on outsiders (Longenecker et al, 2011, pp.104-133). Disadvantages include high risk of venture failure due to lack of previous experience, making a wrong choice of product/service, and longer time needed to achieve physical and financial goals.
Outright purchasing of an existing business denotes a medium risk and gives assured customer base and revenues from the start. This advantage is diluted if the unit has poor reputation for quality or ethical practices. While the experienced staff is an advantage, if there are unresolved industrial relations problems, the new owner has to solve them, which is not always easy. Also, it may not always be possible to identify hidden liabilities representing additional risks, which accrue to the new owner (ibid.).
Taking out a franchise is a minimum risk option for new entrepreneurs since it provides the advantages of a new unit as well as a running business model. On the minus side, one has to depend on the parent company for all major decisions besides committing to pay initial fees and royalties. Profitability is reduced as a result of these limitations.
The International Franchise Association (IFA) provides assistance, both online and offline, and is of considerable help to entrepreneurs in choosing a franchise that fits their bill (IFA, 2012).
IFA and franchise as an option
One of IFA’s best features is the listing of several franchise options, complete with the preliminary information for analysis, negotiations and decision making. I have considered the option of Expedia®CruiseShip Sales Center Franchise from IFA’s website for analysis (Franchise opportunities, IFA, 2012). This is an established company with a strong brand image and 150 franchises. With an initial investment of $9500 and total investment of up to $20,000, this business is within my reach (ExpediaFranchise, 2012). The business is related to travel and vacation for which the demand has always been good. Further, a franchisee can start operations alone and expand with more cruise consultants, and even as a Retail Center Franchise, thus enabling scaling up of operations. Franchisees are provided with the basic training in the firm’s academy, followed by ongoing support and training as required. Expedia®CruiseShip uses technology extensively to help customers as well as franchises.
Conclusion
Various options are available for new entrepreneurs with different risk/reward profiles. Starting and running a business requires experience. Risks of failure can be minimized if one goes for franchise option and gain experience before implementing more ambitious plans. Even while choosing a franchisor, one needs to consider the nature of business vis-à-vis one’s interest, investment levels, initial training and on-going support, scalability etc.
References
ExpediaFranchise (2012). Retrieved from http://www.expediafranchise.com
Franchise opportunities, IFA, (2012). Retrieved from http://www.franchise.org/Expedia_CruiseShipCenters_franchise.aspx
International Franchise Association (2012). Retrieved from http://www.franchise.
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I Will Pay For The Following Article Edward Albee S The Sandbox The Work Is To B
/in Uncategorized /by developerI will pay for the following article Edward ALbee’s The Sandbox. The work is to be 3 pages with three to five sources, with in-text citations and a reference page. The objective of this form of drama is to debunk all traditions and convention, rendering humanity senseless and useless-or absurd, in this case.
The characters in “The Sandbox”, typical of absurd theatre, are usually portrayed as existing-as opposed to living-in a meaningless environment. this correlates to the incomprehensible thought and action assigned to them. However, further inquiry into the representations of each action and line reveals the purpose of each character. in “The Sandbox”, the character Mommy is perhaps the most ‘absurd’, in the sense that her established actions and goals belie the real reason for such. Of the many factors that influenced Mommy, the fear of death exerts the strongest influence, as shown by her obvious hurry to lead Grandma, her mother, to the inevitable circumstance.
Mommy, more than middle-aged at fifty-five, clearly embodies the stereotype female who possibly has much regret over the part of her life that had passed, and the remainder that she needs to face. Within the illogical sequence of mood and statement of her character, Mommy may be seen as grasping for control-or at least much more than what she has already achieved in life. Her didactic solutions to situations, albeit according to the style of absurd theatre, show the degree of pretense existing between her and her husband, Daddy.
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I Will Pay For The Following Article Effects Of Economic Recession On American J
/in Uncategorized /by developerI will pay for the following article Effects of Economic Recession on American Jobs. The work is to be 6 pages with three to five sources, with in-text citations and a reference page. This was the most severe form of economic recession that US had experienced in decades. A vast majority of industries in US were affected by this economic recession. US could not find any way to escape the economic recession when the whole world had actually completely soaked in it. The circumstances took a fortunate turn in the last three months of 2009, and the economy began to grow and become strong, though the graph soon took a downward turn specifically in the later half of 2010 when the growth of GDP in US fell to 2 per cent. “The federal stimulus money that has added at least 1% but likely 2% or more to the GDP growth will be winding down and that could put at least as much of a drag on the economy as the boost it gave” (Hall). When the recession was at its apogee, the years were full of pain for a lot of Americans because they had lost jobs. According to an estimate, as many as three quarters of a million jobs were being lost on a monthly basis in US in the years of recession (Bureau of Labor Statistics”). The rate of unemployment in US reached 10.2 per cent by October, 2009. Since then, it has shown a slight decline and has reached 10 per cent. Before stabilizing, the unemployment rate in US is expected to go up till the end of 2011. A loop of negative feedback was introduced by the economic recession which is expected to keep dragging the US economy for a while in the near future despite the fact that the economic recession has largely declined. Some of the components of this loop are high rate of unemployment, inability of the unemployed to pay their mortgages and bills, and weakened wealth from loss of equity. People in US are suffering from lack of income. Their lowered financial status is causing them to save more and spend less. Owing to the tightness of the credit, people in US are finding it hard to purchase homes or establish new businesses. As a result of the declined consumer spending, businesses have lowered their production in an attempt to improve their efficiency. A lot of companies in US have downsized in the past two to three years and the rate of recruitment has declined accordingly. US government has shown a similar trend. The value of property has steadily gone down along with the property tax revenues. Accordingly, the sales have been lowered together with the sales tax revenues. Owing to the lowered incomes, and a lot of losses, income taxes have been lowered. On the other hand, US government is spending much more than ever before in order to cater for the needs of the unemployed. This has caused the US government to increase the payable fees as well as cut back services. As a result of this, governmental contracts and government employees have reduced in number. The Federal governments have plunged into the scenario in a very aggressive manner with a view to distorting the loop of negative feedback. The Federal governments aimed at minimizing the downfall of the global economy so that the loop of negative feedback would be reversed. However, as a consequence of the massive spending and increased involvement in economy, the US government now feels the need to retract itself so that the debt that has thus been incurred could be paid back. This can be easily achieved by if the US economy continues to grow like it did grow by 5 to 8 per cent after the end of economic recession.
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I Will Pay For The Following Article Effects Of Globalization On Brazil 1163 The
/in Uncategorized /by developerI will pay for the following article Effects of Globalization on Brazil 1163. The work is to be 3 pages with three to five sources, with in-text citations and a reference page. e increased imports causing job losses, rising inequality and homogenization of tastes which may impact local producers adversely (Held and McGrew, 2007).
There are multiple causes of globalization like improvement in information technology, opening up of trade, creation of multiple trade regulatory bodies and growth of multinational companies to name a few (Woo, 2009).
Brazil, the largest country of South America, was under a military government regime till 1985. Brazil is regarded as a rapidly growing developing country of South America. Brazilian economy is largely dependent on its strong agricultural sector and the industrial sector comprising mining and manufacturing activities (Bengoa and Sanchez-Robles, 2003).
Globalization has a massive impact on the economy of Brazil as a whole. Globalization has increased the stability of the Brazilian economy. Increased stability has enhanced the flow of foreign direct investment in the country and many multinational companies have ventured into Brazil. Foreign trade in Brazil have received huge boost from the year 2000 onwards and many researchers have confirmed this to be plausible source of growth of the economy (Bengoa and Sanchez-Robles, 2003).
The sudden fall in the global demand had affected Brazil adversely and the export sector had been maligned badly. There was a fall in the price of raw materials and sales of exported goods exacerbated the conditions in Brazil. Brazil has been badly bruised by the global financial crisis. The crisis has highlighted the negative aspects of over-dependence (Kaltenbrunner and Painceira, 2009).
Globalization had a positive impact on the healthcare systems of Brazil by raising the commitment of government to prevent environmental degradation. The aim of the government is to reduce emission level by 40% till 2020. Protecting the agricultural sector and environment is an important concern for Brazil in the era of globalization (Alkmim, et al., 2012).
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I Will Pay For The Following Article Elearning In Qatar The Work Is To Be 6 Page
/in Uncategorized /by developerI will pay for the following article ELearning in Qatar. The work is to be 6 pages with three to five sources, with in-text citations and a reference page. This is further supported by the provision of wireless internet in form of WIFI in the academic institutes. Students have access to all the digital material, the necessary websites needed in the curriculum. The class environment is totally participative where the teacher and student both interact live via these gadgets. These gadgets have taken the place of conventional tools like calculators, measuring tapes, constructors, scales etcetera (Academy, 2011).
Qatar Academy is an example of its kind where the management is fully aware of the challenges faced in modern times and thereby has introduced systems that are according to the 21st century needs. Early education center provides the Montessori students and adaptable environment familiarizing them with digital devices. The instructors so inducted are all able personnel who have a grip on the subject. Qatar Academy is an example of the digital sense that is generating in the Qatar nation.
Overview of One to One computer initiatives from different countries around the world . Advantages and disadvantages. (One to One initiatives are projects where schools and governments give EACH student a computer to be used in classrooms for educational purposes). Singapore is a good example. Another example is Microsoft’s future schools in America. Please summaries other 5- 6 examples
IN modern times, the one to one interactive imitative has become essential part of educational environment. Many nations have already adapted this format of education where each student is provided with a single computer in the class room. The computers so provided are fully protected and contain only academic content related applications. The browsing is fully under control. Microsoft in this regard has taken an initiative in the African countries where one laptop is distributed per child and that laptop contains the basic elements for the students under the slogan of “One laptop per child” (Miller, 2007).
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I Will Pay For The Following Article Eliminating Bias The Work Is To Be 4 Pages
/in Uncategorized /by developerI will pay for the following article Eliminating Bias. The work is to be 4 pages with three to five sources, with in-text citations and a reference page. Both of these aspects of management bias send some signs of favorable predisposition on one group while the other group experiences unfairness, mistreatment and bitterness, which ultimately translate into poor performance. The reporting of these unfair treatments almost often goes futile with fear of being fired or increased discrimination.
Management of human resource faces many challenges including management bias due to inherent human errors. Individual managers’ personality which is factor of several psychological development interactions is an issue almost beyond the junior worker’s control. This is therefore the reason why appropriate measures must be taken by the managers, to ensure that their management practices are favorable to all, regardless of their differences. Favoring one group of persons with respect to their different characteristics has been reported, indicating the extent to which these errors affect human resource management. Being a boss is one thing while exercising the best human resource management is yet another. Over several centuries, these errors have continually reduced productivity, at least until when the field of human resource management evolved to offer solutions (Wanq, 2010).
Bias and unethical conduct are totally different things in management, since some aspects of its aspects are sub-conscious. The fact that management involves decision making on a high frequency than any other worker exposes managers to risks of being biased on several grounds. Causes of management bias could be weight, height, color, age, race or even ethnicity.
Human resource management recognizes management bias as a conflict which must be resolved for performance enhancement. Conflict resolution means that the complete absence of the elements of conflicts may not be realized.
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I Will Pay For The Following Article Environmental Law Process The Work Is To Be
/in Uncategorized /by developerI will pay for the following article Environmental Law Process. The work is to be 1 page with three to five sources, with in-text citations and a reference page. In order to conserve the environment, there are several regulations that have been enacted by the government. Discharging waste into a sanitary sewer has lesser financial and regulatory burden compared to discharging in the natural water. This is because is a case of a discharge into a sanitary sewer, one only need to just get consent form the company running the sewer which involves fewer consultations. The company needs treating the waste to make it less harmful to the environment and this also come with additional work for the organization. It will also be subject to frequent scrutiny from the authorities to see how they conduct the treatment process and whether they are meeting the required standards. This, therefore, means in case of discharge to the natural water, the company with have additional work of waste treatment and have to strictly release waste which is considered environmental friendly (Novotny & Brown, 2007). This implies that the regulations with discharging into the natural water have more regulative restrictions which also come with extra costs.
The company does not get into direct contact with environmental protection authorities on waste disposal. This reduces the work that the company would have undertaken and has lesser financial constraints.
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I Will Pay For The Following Article Ethical Decision Making In The Insider The
/in Uncategorized /by developerI will pay for the following article Ethical Decision Making in The Insider. The work is to be 1 page with three to five sources, with in-text citations and a reference page. Jeffrey Wigand made a calculated ethical decision in approaching 60 minutes and airing out his story about tobacco and the addictive effects of its primary component nicotine. He made this decision after hearing the heads of tobacco corporations perjure themselves before the Congress, declaring that nicotine is not addictive. As a scientist, he knew better and even if he knew that he would be fired and that he was bound by a confidentiality agreement, he still blew the whistle on the tobacco companies. Secondly, the character of Al Pacino, Lowell Bergman also made an ethical decision. His company CBS and the management of the program ’60 Minutes’ did not want him to air Jeffrey Wigand’s interview where Wigand told the truth about tobacco and cigarette smoking. He felt that the company was being manipulated by the possible lawsuit of Brown & Williamson in the event that CBS would air the Wigand interview. under this threat, Bergman protested against the actions of his management and his program. He believed that they were allowing the integrity of the program to be compromised by the rich and powerful companies. Bergman was also forced to compromise his agreement with Wigand to air the interview, and this violated the trust which Wigand placed on Bergman. In order to finally air the interview, Bergman applied some unethical practices by going to other media personalities and to have them write a story about CBS being controlled by a tobacco-company. This did not bode well for his smooth relations with his colleagues in 60 Minutes and in CBS. This eventually led to his resignation from CBS citing the fact that he could not any more have the same integrity among his sources because he could not promise that they would not be left in the lurch after providing him with crucial information. Lastly, the acts of the heads of the tobacco company in giving false testimony to the Congress on the effects of tobacco, the intimidation tactics they applied on Wigand and his family, and the strong-arm techniques they applied to CBS and 60 Minutes are just some of the many unethical decisions and practices applied by Brown and Williamson. All in all, under these considerations, the movie illustrates clear incidents of ethical (and unethical) decision-making practices.
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I Will Pay For The Following Article Euthanasia Is A Compassionate Response To T
/in Uncategorized /by developerI will pay for the following article ‘Euthanasia is a compassionate response to the suffering of life’. Discuss the statement. The work is to be 4 pages with three to five sources, with in-text citations and a reference page. Many individuals believe that life is a very sacred and gifted thing and by taking it away it can be tagged as murder, other people, however have different views. They believe that a person’s life is his own and he/she has the right to do whatever he/she wants with their life, even if it calls for termination (Michael Manning, 1998, pg 45-56).
Different individuals have varied opinions about euthanasia which is why there is no definite answer to whether or not euthanasia can be justified as a compassionate response to the suffering of life. On one hand, a person who is on a life supporting device for the past week and has shown no signs of recovery will eventually die so one might as well spare him the misery of the pain, suffering and torture that is accompanied by a life supporting device. Conversely, there have been many incidences where patients have come around and successfully fought the battle for life. Thus, miracles do happen, although rarely but terminating a person’s life without giving him a chance to fight is also considered by many as ‘murder’. The time frame involved is also important to be considered. What are the chances of survival for an aged person who has been in surviving artificially for the past four years as compared to a young girl who went on a machine a day before? Therefore, many aspects, perspectives and differences in opinion must be catered to before a final decision regarding pulling the plug is taken.
The name Teri Schiavo should ring a bell in every person’s mind. It has been the most renowned cases in the history of America regarding euthanasia. Teri, at the age of 26 was diagnosed with a neurological condition called PVS also known as the persistent vegetative state according to which she was practically brain dead.
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I Will Pay For The Following Article Examining Your Community S Source Of Energy
/in Uncategorized /by developerI will pay for the following article Examining Your Community’s Source of Energy. The work is to be 8 pages with three to five sources, with in-text citations and a reference page. These three sources are used in the community to fulfill the different energy needs of community members. The lives of the community members are heavily dependent on the basis of these energy sources. These sources have a significant influence on the lives of community members. Fossil fuel is consisting of high percentages of coal, carbon, petroleum and natural gas. Nuclear energy has different radioactive materials. Hydroelectricity is generated from water.
Yes, certainly all these energy resources have different negative impacts on the environment of the community. According to the statistic of Energy information administration, fossil fuel emits 3.2 billion tons of extra carbon dioxide on yearly bases. Carbon dioxide is highly detrimental to the environment of the community. It adds a significant amount of pollution in the air. Burning of oil and coal. damages community lands, causes lung diseases and over all environmental degradation takes place. It causes global warming, acid rain and water pollution in the community. Different radioactive materials like uranium and plutonium are being used in the case of nuclear energy. These materials are very hazardous for the community environment and can reduce the natural growth of plants and create an unhygienic environment in the community for living. Different radioactive isotopes are very dangerous and have sheer negative impacts on the environment of the community. It can bring catastrophic situation for the environment of the community. In the case of hydroelectric power generation, big dams are needed to be prepared. It restricts the normal flow of water. Once the normal flow of water has been restricted there are high risks of floods. Global warming is a serious negative impact on the environment of the community when hydroelectric plants are installed then it creates lots of air pollution in the community.
Yes, the community has different nuclear waste at its disposal. As nuclear energy is being used as one of the .primary sources of energy, then it is quite obvious that there will be significant nuclear wastes. .
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I Will Pay For The Following Article Explain The Advantages And Disadvantages Of
/in Uncategorized /by developerI will pay for the following article Explain the advantages and disadvantages of starting a business from scratch, franchises, and existing businesses. The work is to be 2 pages with three to five sources, with in-text citations and a reference page. Running head: Entrepreneurship: Small Business Entrepreneurship: Small Business Franchises (your module (Instructors Name)
Date of Submission (July …, 2012)
Entrepreneurship: Small Business Franchises
Introduction
An aspiring entrepreneur has a few alternatives available to fulfill his/her dreams of owning and managing a business like franchise, buyout, and starting a new venture from the scratch. These options present different risk/reward situations and a careful evaluation can lead to the right choice. This essay briefly describes the advantages/disadvantages of starting a business from the scratch or buying out an existing business, and considers the specific case of a franchise option.
Advantages/disadvantages of alternatives
Starting from the scratch denotes a high risk-reward situation. Advantages include the freedom to implement one’s ideas to a large extent, aligning the investment and resource mobilization with market conditions rather than committing to rigid plans, and ease of entry and exit with minimum dependence on outsiders (Longenecker et al, 2011, pp.104-133). Disadvantages include high risk of venture failure due to lack of previous experience, making a wrong choice of product/service, and longer time needed to achieve physical and financial goals.
Outright purchasing of an existing business denotes a medium risk and gives assured customer base and revenues from the start. This advantage is diluted if the unit has poor reputation for quality or ethical practices. While the experienced staff is an advantage, if there are unresolved industrial relations problems, the new owner has to solve them, which is not always easy. Also, it may not always be possible to identify hidden liabilities representing additional risks, which accrue to the new owner (ibid.).
Taking out a franchise is a minimum risk option for new entrepreneurs since it provides the advantages of a new unit as well as a running business model. On the minus side, one has to depend on the parent company for all major decisions besides committing to pay initial fees and royalties. Profitability is reduced as a result of these limitations.
The International Franchise Association (IFA) provides assistance, both online and offline, and is of considerable help to entrepreneurs in choosing a franchise that fits their bill (IFA, 2012).
IFA and franchise as an option
One of IFA’s best features is the listing of several franchise options, complete with the preliminary information for analysis, negotiations and decision making. I have considered the option of Expedia®CruiseShip Sales Center Franchise from IFA’s website for analysis (Franchise opportunities, IFA, 2012). This is an established company with a strong brand image and 150 franchises. With an initial investment of $9500 and total investment of up to $20,000, this business is within my reach (ExpediaFranchise, 2012). The business is related to travel and vacation for which the demand has always been good. Further, a franchisee can start operations alone and expand with more cruise consultants, and even as a Retail Center Franchise, thus enabling scaling up of operations. Franchisees are provided with the basic training in the firm’s academy, followed by ongoing support and training as required. Expedia®CruiseShip uses technology extensively to help customers as well as franchises.
Conclusion
Various options are available for new entrepreneurs with different risk/reward profiles. Starting and running a business requires experience. Risks of failure can be minimized if one goes for franchise option and gain experience before implementing more ambitious plans. Even while choosing a franchisor, one needs to consider the nature of business vis-à-vis one’s interest, investment levels, initial training and on-going support, scalability etc.
References
ExpediaFranchise (2012). Retrieved from http://www.expediafranchise.com
Franchise opportunities, IFA, (2012). Retrieved from http://www.franchise.org/Expedia_CruiseShipCenters_franchise.aspx
International Franchise Association (2012). Retrieved from http://www.franchise.
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