Explain why cash flow management is important to a

Question

ESSAY INSTRUCTIONS

"Location, location, location!" Site location is critically important to the success of all businesses, including a franchise.

• Explain why location is important to the success of a franchise. From your experience, briefly describe one local franchise who appears to be successful and explain what role location may have to do with the apparent success. Identify another franchise that you are aware of who may have mistakenly chosen a location, and why?

• Use The Location Model (9-3a). Identify and explain the importance of numerous elements to be considered when choosing a location for a prospective franchise site.

• Define "cash flow" and explain why cash flow management is important to a franchisee.

Compose a thoughtful 1,000-word essay in APA format, using 12pt Times New Roman font, double-spaced, 1" left and right margins. Late submissions will not be accepted

 

Answer 1

For this task, you have to compose a thoughtful 1000 word essay in accordance to APA format, employing size 12pt, Times New Roman font, single-spaced and 1 inch margin from all sides. Site location is vitally important to the success of all businesses, comprising a franchise. 1) Describe why location is significant to the success of a franchise. From your experience, in brief illustrate one local franchise who appears to be successful and describe what role location might have to do with the apparent success. Recognize the other franchise which you are aware of who might have mistakenly selected a location and explain why? 2) Recognize and describe the significance of numerous elements to be considered when selecting a location for a potential franchise site. 3) Define the term ‘cash flow’ and describe why cash flow management is significant to a franchisee.