For most companies Wholesale Emmitt Smith Jersey , franchising their company is a big decision and a major change in direction. The good franchise systems are ones that plan appropriately and put together the pieces before they get into this game. So, good franchise endeavors have great franchise business plans in place.
For a franchise expansion program, the business plan sets the stage. It literally acts as the foundation upon which the house will be built. Everything in the franchise program should have uniformity and continuity with what is defined and determined in the franchise business plans.
Franchising is about taking advantage of all the available market opportunities. It will be extremely critical to have an ongoing support program for the people who have committed their futures to this franchise organization after the franchisees have been established. Good business plans clearly identify the training programs, processes and materials that will be used to get franchisees up and running and then to keep them happy and successful once in the system. Hiring management and support staff comes with this. The franchise business plan should clearly identify who Wholesale Xavier Woods Jersey , when and what role they will fill in the franchise organization. The type of business will dictate how many people and at what times in the franchise expansion they should be brought on board.
The business plan should have details on the costs a franchise would bare and in turn the support the franchisor would provide. Details on the franchise fee, the royalty component, national and local advertisment requirements and other such aspects must be clearly specified. It is of utmost importance that both the franchisee and the franchisor have a clear notion of what is expected from them to avoid any confusion in the future.
Franchise tax is another issue that deserves due consideration. It is important to know the local slabs of sales tax, property tax Wholesale Jourdan Lewis Jersey , and withholdings tax etc. Further, how the franchise arrangement is structured and the existence of treaties between the countries involved may have considerable influence on the structure adopted.
Where the franchisor receives royalties, service or franchise fees, franchise tax has to be paid Wholesale Byron Jones Jersey , whether the franchisor is an Indian or foreign company. In calculating the amount of tax payable by the franchisor or the franchisee company, the deduction available in tax laws can be important for tax planning purposes. However, the tax depends on the type of franchise, the product of the franchise and unit locations.
Finally Wholesale Maliek Collins Jersey , a complete set of pro-formas and financials should be established to define the return on investment for both the franchisee and the franchisor. In order to raise capital, this can be used as an investment tool, and most importantly as a road map for running and operating the business profitably with the growing system.
Francis Pryor - About Author: Franchise Bazar provides information about different Business Plan available in India. It also provides you with a unique platform to showcase your business model and Franchise Tax associated to a venture, to attract your prospective clients Wholesale Jaylon Smith Jersey , and an opportunity to contact you directly. Here in this article you can avail information about different types of franchises.
The Open Systems interconnection (OSI) model The Open Systems interconnection (OSI) model has comprises of seven typical layers that facilitates the communication over a defined network. The access of the website requires the establishment of connection between the machine (Server) hosting the website content and the computer that I will be using for browsing. The layers are defined into two the top layers and the bottom layers. The Open Systems interconnection (OSI) model was developed in 1970s whereby it was defined that each layers ought to facilitate the functioning of the above adjacent layer. The model layers include the physical layer, data link layer, the network layer, transport layer Wholesale Chidobe Awuzie Jersey , session layer, presentation layer and the application layer (Fairhurst, 2001). The Open Systems interconnection (OSI) model layers are defined and integrated into the network interconnection card (NIC) which is a device mounted onto any machine that ought to have the communication over the defined network. The actions that will take place are that once the website URL is typed the connection will get established through the aid of the IP address. It is the application layer that will enable the sending of the request to the server and then receiving the response in form of browsing as it will be using the protocol of HTTPs (Syncswitch, 2010). Below is the description of the Open Systems interconnection (OSI) model layers and their relative functions. Layer Functions 1. Application Layer The layer defines the services that are offered by the communication between the devices. The application layer uses the protocols of HTTP Wholesale Taco Charlton Jersey , FTP, DNS, SNMP, Telnet and SMTP. The Hypertext Transfer Protocol (HTTP) will enable the browsing of the campus website. The Domain Naming System (DNS) protocol does translate the website name URL Wholesale Sean Lee Jersey , which is in the format of human understanding into the machine understandable language. Thus, converting the into a respective IP address. File transfer protocol (FTP) allows the server to send the website content files to my computer. It is a protocol responsible for transferring and sharing of information. 2. Presentation Layer The presentation layer defines the mode and format that the file can be viewed according to the desires and the format of file development. Therefore, it will prepare the information from the application layer by formatting according to several formats such as the .pdfs .doc, .jpg Wholesale Terrance Williams Jersey , etc. The presentation layer does encapsulate and compresses the data for memory management. 3. Session Layer The session layer de. Cheap Soccer JerseysCheap NHL JerseysCheap Womens NBA JerseysCheap MLB Jerseys Free ShippingCheap Womens Soccer JerseysCheap Youth NHL JerseysCheap NFL Jerseys Free ShippingCheap Nike NFL Jerseys From ChinaCheap College Jerseys ChinaCheap Authentic NBA Jerseys