1. Other Organizations

2. Business Franchise
A business franchise is a semi-independent business that pays fees to a parent company in return for the exclusive right to sell a certain product or service in a given area.

3. Characteristics of a Franchise
Franchisers develop products and business systems
Then local franchise owners help to produce and sell those products.
Franchises allow owners a degree of control
As well as support from the parent company.

4. Is a Franchise Right For You?
Advantages
Disadvantages
Management training and support
Standardized quality
National advertising programs
Financial assistance
Centralized buying power
High franchising fees and royalties
Strict operating standards
Purchasing restrictions
Limited product line

5. Cooperatives
A cooperative is a business organization owned and operated by a group of individuals for their shared benefit.
Consumer
Service
Producer

6. Consumer Cooperative
Retail outlets owned and operated by consumers are called consumer cooperatives
Also called purchasing cooperatives.
Consumer cooperatives sell their goods to their members at reduced prices.
Book Clubs, Health Food Stores, Price Clubs

7. Service Cooperative
Cooperatives that provide a service, rather than goods
Discounted insurance
Banking service
Health care
Legal help
Babysitting services

8. Producer Cooperatives
Agricultural marketing cooperatives that help members sell their products.
Growing crops and raising livestock
These goods are marketed for the highest prices possible

9. Non-Profit Organizations
Institutions that function like business organizations
But do not operate for profits
Nonprofit organizations are exempt from federal income taxes.

10. Professional Organizations
Mon-profit organizations that work to improve the image, working conditions, and skill levels of people in particular occupations.
National education Association for Public Schools
American Veterinary Professionals
Bar Association for Lawyers

11. Business Associations
Non-profit organizations that promote the business interests of a:
City
State
other geographical areas
A group of similar businesses.
The Better Business Bureau
Sponsored by local businesses
Protects consumers by promoting fair and ethical markets

12. Trade Associations
Nonprofit organizations that promote the interests of particular industries.
The American Marketing Association
Tries to improve a firm’s image

13. Labor Unions Non-profit organizations whose aim is to improve:
Working conditions
Hours
Wages
Fringe benefits.
Teacher’s Union, UAW