CHOOSE ONE FOR ME
For this week's initial Discussion posting, you will be addressing business challenges faced by an entrepreneur owned and operated small-business franchise. Do some research and choose a franchised business that may be of interest to you. After reading and viewing the materials in this week's Lesson, think about the possible challenges to profitability and viability this franchise could face.
In your initial Discussion posting this week, introduce the class to your choice of franchise and address the most important business continuity challenges you feel are important to plan for. To get you started with thinking about challenges, consider that this is your family's business and it has been in business for several years. There is only one store, outlet, or service operation and the franchise has been quite profitable for several years, has excellent well trained employees, a stable customer base, is well respected in the market, has up to date facilities and/or equipment; and has had steady 3 - 5% growth for several years. With all that in mind, now think about what possible challenges your franchise choice could incur. The key to this Discussion posting is research, research, research.
Include references
McDonald's
Student's Name
Institutional Affiliation
Course Number and Name
Professor's Name
Date
MacDonald's
According to Duermyer (2020), an entrepreneur develops and manages an enterprise around innovation. The entrepreneur manages the business and assumes the risks associated with the success of the business. Yet, even though they take risks, they often benefit from the success of their enterprises significantly. For this week's discussion forum, I decided to introduce and discuss a popular fast-food franchise known as McDonald's.
McDonald's is one of the prevalent fast-food franchises in the world. It is well-known for its hamburgers, with its headquarters in Illinois. The franchise was started in 1984 by Richard and Maurice McDonald. McDonald's has reaped much commercial success and widespread public recognition by offering its consumers top-quality products. Additionally, McDonald's became the most overrated family restaurant since it emphasized affordable food, flavors, and fun that appealed to adults and children. The franchise has excellent, well-trained employees who provide a stable customer base, and it is also well respected in the market. Additiona...
You Might Also Like Other Topics Related to fast food:
- Analysis of Still Life with Dressed Game, Meat, and Fruit1 page/≈275 words | APA | Visual & Performing Arts | Other (Not Listed) |
- Understanding Overweight and Obesity1 page/≈275 words | APA | Health, Medicine, Nursing | Essay |
- Find the Premises and Logical Reasoning2 pages/≈550 words | APA | Health, Medicine, Nursing | Coursework |
- The Food Culture in Germany2 pages/≈550 words | APA | Health, Medicine, Nursing | Essay |
- Analysis of The Fast Fashion Industry and Environmental Changes3 pages/≈825 words | APA | Life Sciences | Other (Not Listed) |
- Express Fast Food A Metaphor for Who We Are as A Nation1 page/≈275 words | APA | Literature & Language | Essay |
- Boston Comment App: Milestones and Development2 pages/≈550 words | APA | Literature & Language | Essay |