A Business Plan for Timothy's Franchise
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The paper looks at financial and functional objectives, examines the competitive landscape, looks at why a franchise approach is the best way to go, discusses tax issues (what must be paid to whom), start-up costs associated with this venture, possible financial government assistance and how the business will be marketed. This paper also briefly discusses the Timothy franchise and posits that it is clear that a Timothy's franchise will work extremely well if the focus is upon building up customer loyalty through good service - and if the company looks for as much government assistance as possible to help it during the difficult first couple of years. Finally, the paper suggests the business should advertise its wares through posters, through word of mouth, and through the local newspapers.
From the Paper:"The following paper provides a business plan for a Timothy's franchise. As part of this initiative, the paper will look at financial and functional objectives; will examine the competitive landscape; will look at why a franchise approach is the best way to go; will discuss tax issues (what must be paid to whom); start-up costs associated with this venture; possible financial government assistance; and how the business will be marketed. This paper will also briefly discuss the Timothy franchise."
Cite this Business Plan:
A Business Plan for Timothy's Franchise (2008, December 01) Retrieved April 20, 2021, from https://www.academon.com/business-plan/a-business-plan-for-timothy-franchise-141726/
"A Business Plan for Timothy's Franchise" 01 December 2008. Web. 20 April. 2021. <https://www.academon.com/business-plan/a-business-plan-for-timothy-franchise-141726/>