16 Analyse how a hairdresser can be successful by having franchise rather an independent business. [5]

Ch 2 Business structure
Post Reply
Sir Afzal Shad
Grand Commerce Guru
Posts: 305
Joined: Sun Oct 22, 2023 10:10 pm
Has thanked: 19 times
Been thanked: 2 times

16 Analyse how a hairdresser can be successful by having franchise rather an independent business. [5]

Post by Sir Afzal Shad »

Q16 Analyse how a hairdresser can be successful by having franchise rather an independent business. [5]

----
Possible Structure:
[KN]
[AN]
[AN+]
[AN+]
[AN+]
Shanze Arsalan
Trade Titan
Posts: 94
Joined: Mon Oct 23, 2023 8:06 pm
Been thanked: 3 times

Re: 16 Analyse how a hairdresser can be successful by having franchise rather an independent business. [5]

Post by Shanze Arsalan »

KN: The hairdresser will be able to open up his branches in many new areas
AN: In this way they will be able to enlargen in their customer base
AN+: With the help of a larger customer base they will have more sales generated
AN+: When more sales will be generated there will be a higher profit development which can be used in doing business expansion for e.g. by investing in more advertisements.
AN+: This gives a compitetive advantage to the hairdress as in this way he will be able to develop a brand image
Malik Adeesa
Corporate Commander
Posts: 53
Joined: Thu Nov 02, 2023 6:37 pm
Has thanked: 2 times
Been thanked: 1 time

Re: 16 Analyse how a hairdresser can be successful by having franchise rather an independent business. [5]

Post by Malik Adeesa »

[KN]:the hairdresser would be successful by having a franchise because franchises usually have a higher overall success rate than independent businesses due to brand recognition.
[AN]:attracting customers will not be hard.
[AN+]:lower risk.
[AN+]:support from franchise owner.
[AN+]:a standard is set .
Post Reply

Return to “Ch 2 Business structure”