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Discussion

What is a franchise?



                         franchisor
    ‘Business                              grants a licence to
      format
   franchising’
                                                   franchisee


                            trades under name
             franchise      of franchisor
Discussion
   What types of businesses tend to be franchises?




                                                       Fast food
                                                       outlets?
   clothes
   stores?
                              hairdressers?



Can you think of any others?
What popular franchises do you have in your country?
Setting up a franchise

 Put these stages of researching a franchise into the correct order.
b) Decide how muchthree franchises and talk to some of the franchisees
 a) Shortlist two or money you can afford to invest and how much you
need to borrow.businesses.
 running these

d)b) Decidethe type of business you would like to operate in.
   Identify how much money you can afford to invest and how much you
  need to borrow.
e) Contact the franchisees operating in that business and ask them to send
  c) When you have all the information you need, complete the application
you information.
  form of the most suitable franchise.
a) Shortlist two or three franchises and talk to some of the franchisees
  d) Identify the type of business you would like to operate in.
running these businesses.

f) e) Contactmarket research.operating in that business and ask them to
    Do some the franchisees
   send you information.
c)f) Do some have all research.
   When you market the information you need, complete the application
form of the most suitable franchise.
Setting up a franchise
Maria mentioned these figures when talking about her franchise.
Can you remember what they refer to?


                     for
 five or                           five years
                     three                            €50,000
six times                             ago
                     years


                    three
 £12,000                               50%             £2,500
                   months
Verb collocations
a profit    a phone call       homework      business   market research     a decision
somebody a favour          a break   a chance     an arrangement   a risk
 overtime     a recommendation        an excuse     an exam   serious work

            make                        do                          take
Discussion

                                           made
1 What was the last big decision that you _______?


                            take
2 How often do you need to _____ a break from work?


                              took
3 When was the last time you _____ a risk?


                                             do
4 What kinds of companies would you like to _____
 business with?

           done
5 Have you _____ anyone a favour this week?
for                or              since ?
                                       2008
a long time        yesterday’s
                       2008
                  mylongnight
                    last offices
                     Tuesday
                wenearly weeks
                   movedatime
                   atwoages year
                    five hours
                    9 o’clock
                       birthday       last night
 two weeks            meeting
                                      Tuesday
   ages
                                   we moved offices
nearly a year
                                      9 o’clock
 five hours
                                     yesterday’s
                                       meeting
                                     my birthday
Asking questions

     Question                              Answer

 1 How long has Max lived in Hong Kong?    Max has lived in Hong Kong since
                                           2000.


 2 How long has she been in charge?        She’s been in charge for six months.



 3   How long have they owned stores in    They’ve owned stores in the US for
     the US?                               three years.


 4   How long have you known about the     I’ve known about the takeover
     takeover?                             for a few days now.


 5   How long has he been ill?             He’s been ill since last Thursday.



 6   How long have you had this problem?   We’ve had this problem since the
                                           new machinery was installed.
Discussion
Travelling by air – what do you need to do?




                                                check
                                                  in
         duty               passport             desk
         free                control
         shop




                departure                     security
                  lounge                       check
Discussion
Travelling by air – what do you need to do?




check
  in                            security               duty
 desk                            check                 free
                                                       shop




              passport
                                           departure
               control
                                             lounge
Handling questions

             No, on the         That’s a very
              contrary          good question



                                                 Some people say
I’m afraid I can’t go      OK, I’m glad you       that, but it isn’t
into the details here       asked me that




 A Prepare to talk for two minutes about your plans for the future.
 Where do you see yourself in five years time?
  B Prepare a list of questions to ask your partner.
Notes:
                                  Positive points           Negative points
                    Cheap land                        Flat area, near large river,
Location            No problems to expand             flooding? High humidity, parts
                                                      would be kept inside
                    Good rail connections to Mumbai   Road connections poor,
Infrastructure
                    No plans for highway              especially in monsoon. Highway
(roads, railways)
                                                      won’t be finished for years

                    Plenty of skilled workers as      Need to invest in some
Staff               small factories in area already   retraining programmes


                    Lots of suppliers in area         None of local suppliers have
Suppliers                                             necessary control units. Will
                                                      need to fly in from UK at start

  Constructing      Only six months                   With paperwork could take up
  the factory                                         to a year
Are you a risk taker?


1 Where would you put yourself on this scale? Give reasons.




 1 hates risk         2             3             4           5 loves risk




2 Give some real life examples when you have taken or avoided taking risks.


3 Would you like to set up and run your own business?
  Why? Why not?
Name of franchise         Finnley’s         Toasties             Classic Cotton
                                                                 Clothes

Established                 2000             1999                  1989


Business area            Home care        Convenience food        Organic clothing


Franchise fee             £20,000            €7,500                 £18,000

Cost of fittings etc.         ?               €60,000             £30,000-£40,000


No. of franchises          300+                530                 Almost 100

                                          Young professionals,     People in late
Typical customers       Disabled and/or
                                            office workers,      twenties or thirties
                         older people
                                                students
Growth potential             High                   ?                   High

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Presentation the-business-pi-ppt-unit-8

  • 1. Discussion What is a franchise? franchisor ‘Business grants a licence to format franchising’ franchisee trades under name franchise of franchisor
  • 2. Discussion What types of businesses tend to be franchises? Fast food outlets? clothes stores? hairdressers? Can you think of any others? What popular franchises do you have in your country?
  • 3. Setting up a franchise Put these stages of researching a franchise into the correct order. b) Decide how muchthree franchises and talk to some of the franchisees a) Shortlist two or money you can afford to invest and how much you need to borrow.businesses. running these d)b) Decidethe type of business you would like to operate in. Identify how much money you can afford to invest and how much you need to borrow. e) Contact the franchisees operating in that business and ask them to send c) When you have all the information you need, complete the application you information. form of the most suitable franchise. a) Shortlist two or three franchises and talk to some of the franchisees d) Identify the type of business you would like to operate in. running these businesses. f) e) Contactmarket research.operating in that business and ask them to Do some the franchisees send you information. c)f) Do some have all research. When you market the information you need, complete the application form of the most suitable franchise.
  • 4. Setting up a franchise Maria mentioned these figures when talking about her franchise. Can you remember what they refer to? for five or five years three €50,000 six times ago years three £12,000 50% £2,500 months
  • 5. Verb collocations a profit a phone call homework business market research a decision somebody a favour a break a chance an arrangement a risk overtime a recommendation an excuse an exam serious work make do take
  • 6. Discussion made 1 What was the last big decision that you _______? take 2 How often do you need to _____ a break from work? took 3 When was the last time you _____ a risk? do 4 What kinds of companies would you like to _____ business with? done 5 Have you _____ anyone a favour this week?
  • 7. for or since ? 2008 a long time yesterday’s 2008 mylongnight last offices Tuesday wenearly weeks movedatime atwoages year five hours 9 o’clock birthday last night two weeks meeting Tuesday ages we moved offices nearly a year 9 o’clock five hours yesterday’s meeting my birthday
  • 8. Asking questions Question Answer 1 How long has Max lived in Hong Kong? Max has lived in Hong Kong since 2000. 2 How long has she been in charge? She’s been in charge for six months. 3 How long have they owned stores in They’ve owned stores in the US for the US? three years. 4 How long have you known about the I’ve known about the takeover takeover? for a few days now. 5 How long has he been ill? He’s been ill since last Thursday. 6 How long have you had this problem? We’ve had this problem since the new machinery was installed.
  • 9. Discussion Travelling by air – what do you need to do? check in duty passport desk free control shop departure security lounge check
  • 10. Discussion Travelling by air – what do you need to do? check in security duty desk check free shop passport departure control lounge
  • 11. Handling questions No, on the That’s a very contrary good question Some people say I’m afraid I can’t go OK, I’m glad you that, but it isn’t into the details here asked me that A Prepare to talk for two minutes about your plans for the future. Where do you see yourself in five years time? B Prepare a list of questions to ask your partner.
  • 12. Notes: Positive points Negative points Cheap land Flat area, near large river, Location No problems to expand flooding? High humidity, parts would be kept inside Good rail connections to Mumbai Road connections poor, Infrastructure No plans for highway especially in monsoon. Highway (roads, railways) won’t be finished for years Plenty of skilled workers as Need to invest in some Staff small factories in area already retraining programmes Lots of suppliers in area None of local suppliers have Suppliers necessary control units. Will need to fly in from UK at start Constructing Only six months With paperwork could take up the factory to a year
  • 13. Are you a risk taker? 1 Where would you put yourself on this scale? Give reasons. 1 hates risk 2 3 4 5 loves risk 2 Give some real life examples when you have taken or avoided taking risks. 3 Would you like to set up and run your own business? Why? Why not?
  • 14. Name of franchise Finnley’s Toasties Classic Cotton Clothes Established 2000 1999 1989 Business area Home care Convenience food Organic clothing Franchise fee £20,000 €7,500 £18,000 Cost of fittings etc. ? €60,000 £30,000-£40,000 No. of franchises 300+ 530 Almost 100 Young professionals, People in late Typical customers Disabled and/or office workers, twenties or thirties older people students Growth potential High ? High

Notas del editor

  1.        
  2. Slide 13 8.6.4 Listening answers Yes, great idea.