What other internet sites might provide helpful information

Assignment Help Management Theories

Reference no: EM131384849

SITUATION 1
Ethan Moore is a college student in Phoenix, Arizona, currently enrolled as an entrepreneurship major at a local university. Moore's home is in Chandler, a nearby city, where he is considering purchasing a franchise. The franchise, which caught his interest while he was on a shopping trip to the Tucson Mall, is operated by an Idaho-based gumball company named Gumball Gourmet.

Moore talked to the owner of the franchise at the Tucson Mall while he was stocking the kiosk, which is set up in three tiers with 47 gumball machines and a money changer. The owner mentioned in their brief conversation that this particular kiosk had sold 12,000 gumballs in the last 30-day period. From information he found at the Gumball Gourmet website, Moore determined that franchises are available with as little as a $17,200 investment

Question 1 What other Internet sites might provide helpful information to Moore as he tries to learn more about this franchise?

Question 2 What other questions should Moore have asked the Tucson franchisee?

Question 3 What information might a Uniform Franchise Offering Circular from Gumball Gourmet provide?

Reference no: EM131384849

Questions Cloud

Should franchise information provided by franchisor discount : Should franchise information provided by a franchisor be discounted? Why or why not?- Do you believe that the Uniform Franchise Offering Circular is useful for franchise evaluation? Defend your position.

Evaluate loss of control as a disadvantage of franchising : Evaluate loss of control as a disadvantage of franchising from the franchisor's perspective.- What are possible reasons for buying an existing company versus starting a new business from scratch?

What are reasons that owners offer their businesses for sale : What are some common reasons that owners offer their businesses for sale? Which of these reasons might a buyer consider to be negative?

What would be important financial statements to be in place : As a potential partner, what would be the important financial statements to be in place for an initial assessment of the venture? Provide details and justification of each choice.

What other internet sites might provide helpful information : What other Internet sites might provide helpful information to Moore as he tries to learn more about this franchise?

What are critical issues today regarding health workforce : What are the critical issues today regarding the health workforce--training, hiring, paying, and building? And, how are these handled by HCOs and insurers?

Will proposed location in mountains be a potential problem : How concerned do you think this family should be about their inexperience? Why?- Will the proposed location in the mountains be a potential problem for this type of restaurant? Why or why not?

What do i think about the trip : what do i think about the trip?what was interesting?what is my impression ?

What benefits could finkle expect : What sources of information about Thomas and Thomas should he use in evaluating the company for possible purchase?

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