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Write 8 pages with APA style on The report about new business plan-KFC. However clinching fact would be the expected enthusiastic response from target population of locals, students and visitors of Ab
Write 8 pages with APA style on The report about new business plan-KFC. However clinching fact would be the expected enthusiastic response from target population of locals, students and visitors of Aberystwyth town. Typically, an established brand name's franchise business would be less risky than other new ventures because the business idea has been tested and the KFC products enjoy global acceptance and saleability. Studies have reported that franchises are safer than other capital deployments in businesses with a failure rate of less than 5 percent rate compared to 90 percent failure rate for some independently initiated restaurants. Banks are also more liberal in extending finance to a franchising business, given above facts, and can finance up to 70 percent of the initial capital costs. Taking up a small business model franchisee of KFC appears to be a challenging, profitable and safe business opportunity. In the following paragraphs a business plan is taken up to commence this business systematically.
We believe we have a good head start in Aberystwyth Market as there are just three competitors in fast foods and we will be specializing in chicken products which enjoy global acceptance and popularity.
