Trish Ria Jack Board Door TEACHERS DESK Nice Asil Nasir Joe Imran Radu Thursday, 08 November 2018Thursday, 08 November 2018 Board Door TEACHERS DESK Nice Aditya Shuyeb Mulki Brijesh Asil Balween Trish Ria Nasir Edmond Anthony Harry Simran Joe Imran Radu Jahangir Samuel Bonnie Rabbab Shamar Maruf 1005-1007 - Taking a seat and starting – 2 minutes Rahat Yassir Yugesh Mason Jack Charlotte Lidia 1.1.7 – Franchising Case study

Start of lesson drills Planner on the desk Pen/stationary available Thursday, 08 November 2018Thursday, 08 November 2018 Start of lesson drills Planner on the desk Pen/stationary available Exercise book open on the desk Date copied from the presentation Title copied from the presentation: 1.1.7 – Franchising Case study Ready to learn  1017-1018 - Reminder 1.1.7 – Franchising Case study

Thursday, 08 November 2018Thursday, 08 November 2018 Expectations Be in the right place, at the right time doing the right thing: Be respectful of others and allow them to learn Complete all homework tasks set and come to me if you have any problems completing it Respect all school equipment Bring the correct equipment (pens, books etc.) to our class Act as respectable young adults like business individuals Reminder 1.1.7 – Franchising Case study

Starter 1 https://www.youtube.com/watch?v=EmjA6O2HIus Thursday, 08 November 2018Thursday, 08 November 2018 Starter 1 https://www.youtube.com/watch?v=EmjA6O2HIus 1.1.7 – Franchising Case study

Starter 2 Get your planners out. Thursday, 08 November 2018Thursday, 08 November 2018 Starter 2 Get your planners out. Open the Red, Amber, Green cards at the back of the planner 1.1.7 – Franchising Case study

Practise Question: Darth Vader is a character from: Star Wars Thursday, 08 November 2018Thursday, 08 November 2018 Darth Vader is a character from: Star Wars Lord of the Rings Twilight 1.1.7 – Franchising Case study

Question 1: Franchises are usually well known brands/businesses : True Thursday, 08 November 2018Thursday, 08 November 2018 Franchises are usually well known brands/businesses : True False 1.1.7 – Franchising Case study

Question 2 A disadvantage of opening a Franchise is Thursday, 08 November 2018Thursday, 08 November 2018 A disadvantage of opening a Franchise is It is a well known Business You have to pay some of your profits to the franchisor The Franchisee keeps all the Profits 1.1.7 – Franchising Case study

Question 3 An advantage of opening a Franchise is Thursday, 08 November 2018Thursday, 08 November 2018 An advantage of opening a Franchise is It is a well known Business You have to pay some of your profits to the franchisor The Franchisee keeps all the Profits 1.1.7 – Franchising Case study

Question 4 In a Franchise arrangement the Franchisee is Thursday, 08 November 2018Thursday, 08 November 2018 In a Franchise arrangement the Franchisee is The Existing Business The Newcomer Cheese & Onion Crisps 1.1.7 – Franchising Case study

Mary Watson the Plumber Thursday, 08 November 2018Thursday, 08 November 2018 Mary Watson the Plumber Mary Watson had worked for her local builder as a contract plumber for several years. She worked long hours and the work was irregular. Then in September 2005 she saw the newspaper advertisement below for Plumbers’r’Us, a nationwide plumbing and drain-cleaning franchise. 1.1.7 – Franchising Case study

Thursday, 08 November 2018Thursday, 08 November 2018 Using her savings and a loan from the bank, Mary was able to buy a franchise and set up in business. Plumbers’r’Us provided her with a three-week training course, a van and an electrical plumbing device that quickly unblocks drains and pipes. She was given an exclusive right to sell her services within a 10 mile radius, and the right to trade and advertise 24 hours a day. In return, Mary had to hand over 12 per cent of her profits to Plumbers’r’Us. 1.1.7 – Franchising Case study

Questions Explain (in your own words) what a franchise is. Thursday, 08 November 2018Thursday, 08 November 2018 Questions Explain (in your own words) what a franchise is. Is Mary or Plumbers’r’Us the franchisor? Explain why. Is Mary or Plumbers’r’Us the franchisee? Explain why. List 3 advantages and 3 disadvantages to Mary taking on the franchise. List the 3 main advantages and disadvantages of Plumbers’r’Us granting the franchise. Extension: Why do you think that Plumbers’r’Us want franchisees to buy into their business? Extension: How do you think Mary can add value to her business? Extension: What do you think Marys customer needs may be? 1.1.7 – Franchising Case study