Archive for the ‘Business franchise’ Category

Type of Education Franchise

The disadvantage of this type of education mainly refers to accessibility by users with the necessary tools, especially for undeveloped countries, where only a small percentage of the population has access to a computer and Internet . A second issue concerns the disappearance of the traditional teacher by the virtual teacher.

Online education in the United States

In the United States for at least a third of institutions offering distance courses this number about 60% are public institutions and other private universities that offer 2 to 4 years. The most commonly used media are interactive videoconferencing and prerecorded videos sent by television and using computers and the Internet but to a lesser extent.

Of the courses offered are mostly undergraduate, 30% in prostrate and professional continuing education courses. Universities reported that the main factors for not expanding its offering of distance education due to cost of project development, poor technological infrastructure they have, the costs of equipment maintenance.

In the case of Mexico, the situation is not very favorable, since in 2004 only 20 institutions had higher education programs online, of which 10 are located within the metropolitan area of ​​Mexico City, three in the Northeast the country, three in south-central region, three in the south-southeast and one in the northwest region. This according to Hector Soto Barrón Head of Monitoring and Evaluation Coordination

Online Education: The Case of Mexico

Business franchise

Online education has become particularly important in the last ten years, mainly due to three fundamental aspects. The first relates to technological progress that has been running since mid-century, the use of computers and the Internet, have given way to distance learning. The second aspect concerns the need for companies and institutions require continuous staff training, this to increase their competitiveness in the market. Hence, the third point refers to the time, time has a cost, and high opportunity cost for each worker, so they need flexibility in time and the whole educational process.

Advantages of Online Education.

The online education advocates argue that because it is possible to continue academic training anywhere, anytime with a quality service. Besides reducing the costs of training a certain number of workers for a company.

Disadvantages of Online Education

The disadvantage of this type of education mainly refers to accessibility by users with the necessary tools, especially for undeveloped countries, where only a small percentage of the population has access to a computer and Internet . A second issue concerns the disappearance of the traditional teacher by the virtual teacher.

How to Finance your Franchise Business

You have what it takes to run a business franchise, but where do you get the start-up funds? Here are some ideas.

1. Before you start looking for funding sources, make sure you know how much you will need. You should include all franchise fees to open the business, royalty payments to the franchisor, and advertising fees the franchisor may charge you.

2. Will the franchisor provide financing? Most don’t, but its worth asking and looking around. Subway will help finance franchise fees and start-up costs. 7 Eleven will help finance inventory, accounts receivable, and payroll.

3. Go to your bank. These days its hard to get a bank to finance a franchise, but if you have good credit, it might be possible. You may have to settle for a second loan on your house.

4.  Check out the Small Business Administration’s franchise registry, The SBA helps reduce the risk to banks for small business loans. If the franchise you are interested in buying is affiliated with this program, it may be easier to find bank financing. Read the rest of this entry »