Saturday, August 24, 2019
The Framemakers Case Study Example | Topics and Well Written Essays - 250 words - 1
The Framemakers - Case Study Example The Normans then leaves the family business to work out modalities for their personal business (Wesley, 2000). The caseââ¬â¢s statement problem is therefore to determine the best business opportunity that can successfully meet the Normanââ¬â¢s ambition for expansion. Solving the problem would involve analysis of available alternatives (Wesley, 2000). The first alternative for the Normans is the family business that is already established but has little room for expansion. They can alternatively pursue the franchise business that has an already developed image but they will have to buy the goodwill and pay a regular commission from their revenues besides operational costs. The Normans can alternatively develop their own business. Even though this will have a slow start and would similarly require financial inputs, it is viable and has room for expansion (Wesley, 2000). The Normans should therefore work hard on the involveed modalities to set up their personal and independent business. This is because it has room for expansion and will be free from any form of external
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