Question B2: Amir is an entrepreneur who enjoys being his own boss running his fast food café, but his business is not very profitable. He sees other fast food franchises such as McDonalds, KFC and Papa John’s Pizza who are more successful. He thinks he might buy a franchise but is not sure how they operate. Amir knows that an aspect of your course is Business Studies and has asked you for more information. a) Explain how a Franchise works. b) Advise and recommend whether or not Amir should close down his café and become a franchisee for one of the big franchise companies. You must give arguments for and against becoming a franchisee, and clearly recommend whether or not you believe Amir should become a franchisee. You must justify all points/arguments raised
Question B2:
Amir is an entrepreneur who enjoys being his own boss running his fast food café, but his business is not very profitable. He sees other fast food franchises such as McDonalds, KFC and Papa John’s Pizza who are more successful. He thinks he might buy a franchise but is not sure how they operate. Amir knows that an aspect of your course is Business Studies and has asked you for more information.
a) Explain how a Franchise works.
b) Advise and recommend whether or not Amir should close down his café and become a franchisee for one of the big franchise companies. You must give arguments for and against becoming a franchisee, and clearly recommend whether or not you believe Amir should become a franchisee. You must justify all points/arguments raised
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