TOEFL integrated business essay

[Bansari]

Both the article and the lecture discuss about franchise. The article states that people should consider franchising as a best option as it help to start a small business under giant company, which is already established and provides three reasons for support. However, the professor disagrees with this idea by saying that although many people do believe that franchise is an useful option for small owner but recent studies show that by observing franchise closely it create many questionsions and provide three points to support her opinion.

First and foremost, the article claims that bussiness owner finds difficulty in their initial phase regarding goods supply. Whereas, franchise provides authentic supplies as well as protect from massive loss. The professor, however, says that this giant company forced owner to buy a specific items from location company suggest and sometimes that is more costly compared to market. Plus, the owners are not allowed to buy such a items from market in a cheaper price.

Second, the article posits that franchiese help to save money of advertisement as big companies have their own fancy and appealing advertisements. Therfore, the owner get benefit from that advertisement. The professor opposes this idea by saying that owner have to provide 6% of their total income to company for the advertisements. Moreover, advertisements are not really helpful for that particular business but it will be helpful for company’s own product only. She mentioned that owner get small profit suchas half of tthe total revenue from that advertisement.

Thid, the article posits that frnchise will be more secure compared to other business as failure rate is very low in a franchise. In addition, person without experience in a business can also get a benefit. The professor mentioned that franchise do not provide security, She suggest that if one will buy an independent bussiness then it will be two times more successful then first four year of franchise.

[Torsten]

Both the article and the presentation discuss franchising. The article says that franchising should be considered the best option because it helps to start a small business under a huge, already established business, and it gives three reasons for supporting it. However, the professor disagrees with this idea, saying that while many people believe franchising is a useful option for small business owners, recent studies show that franchising raises many questions when examined closely, and cites three points to support her opinion.

First and foremost, the article asserts that business owners struggle with the supply of goods in the early stages. Franchises, on the other hand, offer authentic supplies and protect against massive losses. However, the professor points out that this huge business forces the owner to buy certain items from the local company she suggests, which is sometimes more expensive than the market. Moreover, the owners are not allowed to buy such items from the market at a cheaper price.

Secondly, the article claims that franchises help save on advertising costs, as large companies have their own fancy and appealing advertisements. Therefore, the owner benefits from this advertising. The professor counters that the owner has to pay 6% of his total income to the company for advertising. Moreover, the advertising is not really helpful for the particular business, but only for their own product. It mentioned that the owner only gets a small profit, about half of the total income from this advertising.

The article states that a franchise business is safer compared to other businesses because the failure rate in a franchise business is very low. Moreover, people who have no experience in a business can also benefit from it. The professor mentioned that franchises do not provide security. She suggested that if one buys an independent business, it will be twice more successful than the first four years of franchising.