Business Report

Business Report Business: Michels Patisserie ( prerogativee) Location: Oxford Street, Darlinghurst Michels Patisserie is a Franchise across Australia, mete outing a spacious selection of cakes, muffins, breads, coffees, snacks, sandwiches, wide-eyed savoury packs as well as cakes and savouries such as pies for any occasion. As a franchise, Michels Patisserie has some(prenominal) downcaster entities which work under this bon ton; some as reinstate traders, trust businesses, partnerships or point as a surreptitious and public companies. Each of these all have their own income from which they even up a certain amount of royalty to the franchiser who owns the company un slight not the business. This Particular Michels Patisserie is in Oxford Street, Darlinghurst. It is a small sole trading business working as a franchisee of Michels Patisserie, within the private sector. For his initial enthronization he has a franchise fee of 350 000 dollars and used unmatchable c entury per cent equity finances with no debt. His transport and equipment investment was 100 000 dollars. The business has been working daily fast of late with 4 employees. As a small separate business, it faces many challenges and risks impacted by its external influences. Two of the major(ip) influences that carry on this business argon the amount of competitor and the economic influences. militant situation: Michels Patisserie is located in the core of the metropolis and on primary(prenominal) road. It has many competitors in the area as well as another franchisee for Michels patisserie located less than 20 minutes away. One of the main competitors is Gloria Jeans and Starbucks as they are both businesses which are marketed well and lead astray similar products. Michels patisserie can be competitive in terms of pricing, location, experienced competitors and new entrants, quality of products, technology, ease of coming and even the welfares of customers backing in that area. On Oxford Street in that resp! ect are a number of cafés , coffee shops, debar and just stores which sell drinks, snacks...If you want to get a undecomposed essay, order it on our website: BestEssayCheap.com

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