Compare selections: Analyze and Evaluate Essay

6weeks of preparation is offered ; to run shop estimation 7-10 employee to run unit ; no absentee ownership franchise allowed ; present 100 % owner/operators ; the uninterrupted support through- online. newssheets. meeting. expansive gap. etc. ; to boot. marketing support- media. advertisement. selling squad. Private Owned Wingstop: Hot wings. cold beer. dine-in or carry-out.

Training at central offices 4weeks. at location 1 hebdomad & A ; as needed ; to run concern estimation 8-10 employees ; absentee ownership franchise is allowable ; soon 95 % owner/operated ; the uninterrupted support through-meetings. cyberspace. expansive gap. security processs. etc. ; to boot. marketing support-advertising. Company Owned: 24 Philly Connection: Cheesesteak sandwiches. bombers. salads. ice pick 80 hours of preparation at installation ; to run concern estimation 5 employees ; no absentee ownership franchise ; soon 100 % owner/operator ; the uninterrupted support through-by phone. expansive gap. field operations ; Additional selling help- advertisement. Company Owned:1.

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Disadvantages:

7-Eleven: Entire Investing: $ 30. 800 – $ 611. 100 ; Franchise Fee: $ 10. 000 – $ 441. 400 ; Ongoing Royalty Fee: Varies ; Term of Franchise Agreement: 15 old ages. renewable ; FINANCIAL REQUIREMENTS Net Worth: $ 127. 000

Wingstop: Entire Investing: $ 263. 550 – $ 616. 946 ; Franchise Fee: $ 30. 000 ; Ongoing Royalty Fee: 5 % Term of Franchise Agreement: 10 old ages. renewable ; FINANCIAL REQUIREMENTS ; Net Worth: $ 400. 000 ( Liquid Cash Available: $ 200. 000 )

Philly Connection: Entire Investing: $ 154. 000 – $ 261. 500 ; Franchise Fee: $ 20. 000 ; Ongoing Royalty Fee: 6 % ; Term of Franchise Agreement: 10 old ages. renewable ; FINANCIAL REQUIREMENTS ; Net Worth: $ 150. 000 ( Liquid Cash Available: $ 50. 000 )