Discussion Board Forum 3 Case Study

Betty Wilson’s venture of opening a Christian Coffee House in Belmont, NC, presents her with abundant opportunities in selecting a business form. She is considering the following types of entities: 1) franchise, 2) sole proprietorship, 3) partnership of some sort, 4) corporation of some sort, 5) LLC, or 6) even as a joint venture. We will briefly explore each business option and give Betty concise recommendations as to what business form to pursue as well as what business partners to engage.

The business that I want to open would be a franchise of a McDonald’s restaurant. McDonald’s is a fast-food restaurant that serves a variety of products, but is mostly known for its

Satterlee, A. (2013). Organizational management and leadership: A Christian perspective. (2nd ed.) Roanoke, VA: Synergeistics Publishing.

1. Franchisees gain numerous advantage when they purchase a franchise. First, while a franchisee may be opening a new store, it is part of an already established business and system. This means a franchisee has access to turnkey operations, allowing an increased speed to establishing and growing the business. Franchisees also get support for management and training activities, as well as financial assistance. Going hand in hand with this, a franchise already has an established brand name, quality of goods and service which have been standardized across the franchisor’s larger company, and national advertising programs from franchisors. Franchises also have large-volume, centralized buying power. A franchise has proven products, and

I will be clarifying how reading "Theory X, Y, Z" and watched the media piece, "Theory," affected my definition of theory. I will be explaining the reasons why it might be useful to make a connection between actual management situations and theory. I will also explain how theory can inform the actual practice of management. I will provide an example of my own supported observation to maintain my statements. In Conclusion, I will explain which of management theories presented in Day 4 Readings seem to be the most useful and why (Walden, 2014).

Since Shania Jackson is pursuing her first business, a private corporation is a worthy avenue of direction. An initial understanding by Shania that a lack of experience is a commonality of a new business owner must be considered. Inevitably, a multinational corporation is ideal once all the operations of the Christian coffee shop are proven to be efficient, as well as profitable. For example, trial and error will reveal the preferences of variations of coffee together with numerous toppings for the coffee purchased by Colorado residents. In addition, Shania might consider pastries to accompany the coffee. However, the coffee preferences of the Colorado population may vary by a landscape compared to coffee drinkers in Germany. For these

1b) What advantages are there to not franchise the restaurants? Do you think they ought to franchise restaurants down the road? What advantage would that be for the company?

Shania Jackson, a woman of strong Christian faith wants to open a coffee shop named “The Gathering Place,” on the outskirts of Denver, Colorado. Shania has a lot of issues to consider before opening her first coffee house. I will take a look at Shania’s case and come up with the best options for her to run a successful business using biblical scripture.

Betty Wilson, whom I view as being a mature and respectable Christian, is currently thinking of starting her own company. Betty expressed that she would like to open a Christian Coffee House in her present town of Belmont, NC. Although her husband, John is opened to making a contribution of capital to her business, he is not at all interested in taking part in the company’s operation or management. Betty is unsure at this point as to whether or not she would like to take on perspective partners in her company of if she would rather take on this company

Franchising acquired its popularity by establishing a common method of service which gave customers the comfort that they look for when they look for a meal.When the customers go out

I really enjoyed reading Jamie’s post and reading her perspective of what type of business Shania should run. Jamie suggests that Shania should run the coffeehouse as an unincorporated business, Limited Liability Company (LLC). However, I think that a sole proprietorship is the best option. According to the U.S. Small Business Administration (n.d.), sole proprietorship is an unincorporated business owned and run by one individual with no distinction between the business and the owner. Due to Shania’s husband Marvin having no interest in contributing to the business, Shania would be the only owner. However, since Marvin is making a contribution to the capital to the business I would have them both pray about this decision. With a sole proprietorship, Shania would be entitled to all the business income, debts, losses and

Betty Wilson has decided to open a coffee shop and is considering various options including franchising, sole proprietorship, joint venture, corporation and partnership. In addition to determining the best legal entity to form, Betty has to decide if she will employ or partner with various friends and family members. Finally, she plans to name the coffee shop The Gathering Place and must determine if the name is available and a good choice. This paper will evaluate the pros and cons of various business options, address the dilemma of whom to hire and determine if The Gathering Place is a viable option for the name

Franchisors are increasingly having to be more and more selective in the adoption of franchisees with factors such as economic climate and the potential difficulty with growth playing key factors in the decision making process. It is not simply an ability to grow which creates a successful Franchise and nor is it the desire of any franchisor to adopt every potential franchisee. Franchisors are becoming more and more scrutinising as the global economy declines. There is a general understanding within any franchised

Not having to answer to a corporate boss is the dream of many and the flexibility that owning a business franchise creates provides this option. Success is not reached by simply creating a business, however. The level of success is measured by the size and efficiency of the business. Business growth is the driving force of the economy. The additional jobs and revenues created when a business expands allow the economy to grow at exponential rates. One of the fastest and most popular ways to increase the size of a business is to turn it into a franchise, which can then be purchased by individuals. Franchising provides opportunities that are beneficial to both the parent company and the purchaser. The company that owns the business can expand

Concern. Marvin, Shania’s husband, is willing to invest capital to start the business. Moreover, he does not desire to have control or an interest in its operation and management. This implication suggests that Shania could have all controlling interest in her business. Moreover, her coffeehouse could be considered a small business. Based upon these fact and the aforementioned business structures, the best structure that could suit her business needs is the limited liability company (LLC).