discussion questions 393

I need you to answer the following question below this is a two part discussion the first one is my answer to the question the second answer is a answer to one of my classmate which I want be able to upload it until I do my post . My post is due Wednseday and the second answer isn’t due until Saturday around 5p.m central time. Please read the directions below and follow them . Make sure you cite all references you use in APA format.

Select one of the top 25 franchises at the following website: https://www.franchise.com/top-25-franchises (Links to an external site.)Links to an external site. and provide the following:

Suggested Franchises For Review (that you may use)

Ace Hardware

Kiddie Academy

ClaimTek Systems

Cruse Planners

Garage Experts

Apricot Lane Boutique

The Maids International

Meineke

Taco Time

AllState Insurance

  1. The name of the franchise and a brief introduction of the business.
  2. Discuss what the franchisor offers to help a franchisee be successful.
  3. Provide the total investment required to own and operate the franchise and calculate the cost of financing. If a range is given, provide the range and calculate the average total investment.

Assume you will finance the cost of the total investment (or average total investment) and present the following scenarios:

  1. Assume a 5 year loan period at 5% interest rate per year and provide the following:
      1. Total Amount Borrowed
      2. Monthly payment.
      3. Total interest cost for the life of the loan.
      4. Total amount of payments for the life of the loan.
  2. Assume a 10 year loan period at 6% interest rate per year and provide the following:
      1. Total Amount Borrowed
      2. Monthly payment.
      3. Total interest cost for the life of the loan.
      4. Total amount of payments for the life of the loan.

Note: You can use online calculators for the bulk of the math above. There is a good set of online financial calculators at http://tcalc.timevalue.com (Links to an external site.)Links to an external site.. Please use the fixed rate mortgage option and assume “Home Price” is the total or average investment and the “Down Payment” is 0% or $0.

Based on information you have compiled for your selected franchise, do you believe the franchise is a worthy investment? Why or why not? Which financing option would you select and why?

Post 2 – Respond to ONE other student post

For this discussion, review the submissions your student peers made in Post 1.

Briefly summarize your fellow student’s selected franchise information and financing option selected in your response post and provide your opinion on the following:

  1. Do you agree or disagree with your fellow student’s conclusion on the worthiness of the franchise investment they selected and the financing option preferred? Why or why not?

When responding to your classmate, you may NOT respond to student who has picked the same franchise as you did. The goal is to research more than just the one franchise you selected to post about.

 
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