Week #9

This week was centered on franchising and some of the benefits and risks associated with franchising a business. I really enjoyed the IceDelights case study as it gave me an opportunity to see what some of the associated risks there are with starting your own franchise. Not only are you strapped with the stress of starting a new location, but you also have to factor in market research, logistics and brand reputation. The other assignment I really enjoyed was the document that talked a little about franchising. It gave Mcdonalds as an example of a franchising opportunity. There are different variables that you have to weigh before making the decision to franchise.

This was a pretty steady week for Custom Pillow Covers. We did $30 in sales but also had a couple people bail on us which cost was sad. We don’t have a system to pre-charge people so that has been a concern for us throughout the semester that has not really been resolved. There are some people who tip and we figure the tip money could cover the last minute cancellations we get. People are pretty upset we are ending this business soon which is very sad for us.