Franchising in United States and Internationally

Evaluates and compares the pros and cons of franchising in the US vs. franchising internationally for OS

Companies which have been successful locally think of franchising as a way of increasing the revenue and also expanding the business. OS has been a successful business locally and expanding the operations to the next level means more income for the business and international earning and recognition. Expanding the business comes with both the advantages and disadvantages. The pros and cons of expanding the business should be determined to offer a broader view of what to expect from the operations (1). Franchising in the United States is beneficial for the business since there will be an increase and defined territorial grounds for the business. Franchising in the United States could lead to the death of the business if the decisions made by business partners are hindering the control of the business. International franchising has the advantage of having a low risk when it comes to growth. The business can grow far wider than being in the United States alone.

Recommends whether OS should franchise only in the US or only internationally, or both

OS should go international as a way of increasing the business earning capacity. In the international setting, the business can gain from being able to get talented people who can bring in new skills for the business. Better talents can be in the international market and therefore a good opportunity for the business (1). The required amounts of capital for expansion can be obtained from the international market. Other businesses can purchase the outlets from the franchise meaning that there will be less spending on the company resources. Such services can allow the business to grow and diversify to another level of the market.

References

LIMITED LIABILITY COMPANIES OVERVIEW. Retrieved from:       http://business.laws.com/business-intelligence