Comparison between two franchises - Research Proposal Paper

Comparison between two franchises - Proposal - Research Paper Example The first is assumed to be Quiznos, a fast food sandwich outlet which offers franchising opportunities for an initial investment of only $5000. The other franchise is Pitapit, which has a much more expensive initial investment, i.e, $255,614 in order to start. The time frame which is assumed for purposes of this research project is ten years and both costs and revenues are evaluated over a ten year period, in order to arrive at a conclusion as to which would be the better business opportunity for an investor over a long term period. One of the first advantages of franchising is branding, wherein a franchisee acquiring an interest in the business is able to offer a strategic identity which has a good market impact. In essence, taking up a franchising opportunity such as Macdonalds for instance, means that the brand is already well known to the public; as a result, any new franchise would have the advantage of attracting customers that have already been subjected to previous promotional efforts from the Company. Since customers are already familiar with the brand name, they are likely to avail of the facilities of the business. In the absence of a franchise, a new business owner would be faced with the task of making the business a recognizable entity in the marketplace, which would involve time and monies. The second advantage of franchising is related to the above. Advertising can often be one of the most expensive aspects of running a business and pulling in customers, with a franchise, the franchise owner takes care of all the advertising and the franchisee merely has to deal with the customers from its own local area. Thus, being a franchisee also means that the business name is a recognized one and the new business franchisee would automatically be able to capitalize on a recognizable brand name in the marketplace. Similarly a franchisee would also have access to the reputation that the franchise has. In the event that the franchise has a good

Well-planned play, both indoors and outdoors, is a key way in which Essay

Well-planned play, both indoors and outdoors, is a key way in which young children learn with enjoyment and challenge (QCA, 2000). Critically evaluate the wor - Essay Example Such play is pleasurable and fun, active and mind absorbing. Considering today’s fast moving world and the technologies, while infants and children can be engaged by videos and technology based toys, they do not provide the same multi-faceted stimulation and developmentally essential experiences those more traditional games, toys, music, and imagination provides. It is true that play has an essential role in building social skills and communication, creativity and problem solving. The best developmental tool that we can give them is by allowing children to participate in self-directed, unstructured free play. Researches insists that while children are playing, we need to create a tolerance for error, allow them fail too, reducing the expectation that they must be perfect. This gives the child a scope of decision making, memory development and the thinking skills necessary for childhood success in the classroom and adult success in the workplace. Play is something that doesn’t intend to target race, religion, or socio-economic status. Data from eminent child specialists gives clear picture that play deprivation leads to increased aggression and violence, anti-social behavior, repressing of emotions, learning disorders, and obesity. Play is crucial to both the cognitive and physical development of children, and its deprivation can have negative and long lasting effects. There could not be any second thoughts that children involved in the outdoor games in the playground enjoys the freedom to be physically active but above all this playing experience works as an outdoor learning laboratory with numerous exciting and challenging activities. When outdoors, children can observe nature, hang bird feeders, plant radishes, search for cicada shells, or watch the communal, determined behavior of ants transporting food. They can