• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Report on Comparisons Between Pizza Hut & Domino's Pizza.

Extracts from this document...

Introduction

Report on Comparisons Between Pizza Hut & Domino's Pizza 15/01/02 To Lending Manager of HSBC Bank in Ealing From Tasneem Husain Terms of Reference To investigate the comparisons between two franchises which I have narrowed it down to. Once I have done this, I can then decide to open up the best one out of the two. The main reason of why I want to be a franchisee is because, being a franchisee would be safer than being a sole trader or in a partnership. I'm not saying it'll be the easier option, but as long as it pays as well as I put in, then there won't be any disappointments. There is one disadvantage of becoming a sole trader, which is unlimited liability. This means that I'd have to pay for the losses made by the business, even if it meant selling my personal possessions, e.g. my house or my car. Even though this is the only big disadvantage of being a sole trader, it is too big of a risk that I'm willing to take. I'm also not exactly sure what products or services I'd be able to offer customers. ...read more.

Middle

Domino's Pizza From the research that I have done, I found out that if I decided to open up a Domino's Pizza franchise, it would cost me �160,000 in total. When I say in total I mean that there are many things that make it to this amount. The first thing I would have to pay for is the construction of the actual store which would usually be about 900sq ft. I would not have to plan any designs because the store is project managed by Domino's Property Department. They do this until the store is completed from beginning to end. The construction cost alone is �68,000. The second thing that would cost me is the equipment. The equipment can be leased but that is a whole different situation. By equipment I mean like ovens, refrigerators, stainless steel tables etc. I will also have to pay for things like computer systems, telephones systems, security systems and the air conditioning. All of these things would cost about �54,000 altogether. The third thing that would cost me is the planning and architecture side of things. As I said before I only have to pay for all the work being done, I don't actually design the building. ...read more.

Conclusion

There are many reasons for why I have chosen this franchise. The investment costs are one of the main reasons. Domino's Pizza has an investment cost of �160,000. Pizza Hut has an investment cost between �150,000 and �185,000. Even though, Pizza Hut says that I'd have to negotiate with them for the final amount, I still think that after the final amount is agreed, there will still be costs that I will have to pay for. Also the investment cost for Domino's Pizza is including every thing that I'd have to pay for, Pizza Hut's isn't. Another reason is that Domino's Pizza says that the pay back time is five years. Pizza Hut says that it all depends on the way the manager runs the restaurant, but I think that they're just avoiding the question. One other main reason is because there are fewer hours with Domino's Pizza. I don't want long hours everyday. Therefore, Domino's Pizza seems like the best option. I already have about �10,000 in the bank; therefore if you would let me borrow �150,000 from the bank, I would be very grateful. Also you get it back with interest in less than five years because it isn't �160,000. ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our GCSE Business, Companies and Organisation, Activity section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related GCSE Business, Companies and Organisation, Activity essays

  1. Functional Areas Report

    For example the research and development department at Tesco will conduct research on a new type of energy drink that Tesco are planning to sell. They will research the type of flavours and ingredients that are available and they best ones to use so that Tesco make a profit out of them.

  2. Tesco Research

    of :-Overall tone of voice, visual style, grid, typography, photographic and illustrative content all come together to create the look and feel of the organisations image. Analysis of successful strategy of creative corporate communication: There are different types of corporate communication and these are examples:- - Corporate image analysis.

  1. English for business

    a acorda un �mprumut To open an account - a deschide un cont To owe - a datora To save money - a economisi bani To settle an account - a lichida un cont BUSINESS and BUSINESSES Business is a long term, highly repetitious activity, frequently requiring people to do the same thing today, tomorrow, the next day.

  2. Business studies - Business Plan

    This careless mistake cost me valuable time which could have been better spent on other more important tasks. Looking at my skill and talents my knowledge of Microsoft Office programs allowed me o present my repot in a clear and eye pleasing manner, it also allowed me to organize all of my work.

  1. Business Studies

    > Financial statements do not tell the whole financial story of the business > The rules followed to produce them can create a misleading impression of a business profitability and value > Statements reliable - the statements and data must be accurate and be variable by an expert > The

  2. Business Plan. After putting a lot of thought into what kind of business we ...

    I hope that in the future my business would have expanded and would have become more successful and well known. Aims and objectives The difference between aims and objectives are that aims are the goals that I will set myself for my business to achieve and objectives are the things that I will do to achieve my aims.

  1. personnel selling

    Explain how the employee's can display: Carphone Warehouse- * Positive Attitude- Positive attitude is influenced by the way you think. In Carphone Warehouse employees can't be depressed or they will be negative, they can't be fed up or they will be bored.

  2. What is PR?

    PR is different from marketing and advertising. PR is often used to help achieve marketing objectives (MPR). But like media relations, marketing communication is just one of several major PR functions.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work