Globalization of Jiffy Lube

Section 1: Country Analysis The task at hired hand is to communicate an honest look as to the likelihood that our flashbulb Lube franchise would be able to become found and grow once accomplished in the countries France and the United Kingdom. prone the following evidence and details close the current situations in each of these countries along with a a couple of(prenominal) tidbits of information about their economies and general markets, one should be able to better look the possibilities that lie within each country. First we will take a look at France. Over the past few years in France, franchise has evolved from a concept into a truly viable economic model. For the tenth straight year, the effect of franchises in France has augmentd steadily by 3-5 percent in 2003. That same year, 55,880 stores opened in France, 34,745 of them as franchises ? an adjoin from a 57.8 percent share in 2002 to 61.2 percent in 2003. The snatch of companies in France using franchises rose from 719 to 765 over the course of 2003, an add of about 6.4 percent. French franchises are also exported with 179 networks located extraneous of France. This shows that the opportunity for a reputable franchise to become established in France is continuing to grow.

The overall acceptance of American franchises is dependable when contemplating how the community will take to a business orifice shop. The automobile sector is a prime example of the increase in franchises in France, representing 11.2 percent of franchises in France in 2003, an increase of 10.2% over 2002. Out of the 34 automotive companies in France with franchises, septenary of them (or 20.6 percent) have an international presence. French franchises have not totally survived the repeated economic crises of recent years, but have flush become economic models in their performance and success. It is apparent that everybody necessitate transportation, and that transportation needs to be maintained. The growing market in the automobile sector demonstrates... If you want to get a lavish essay, order it on our website: Orderessay

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