Market Research Analysis

http://www.kwiksurveys.com/?s=OIJENM_fe408bf6
 The purpose of this survey is for me  to get an idea of what type of customers my business is going to have and overall want they want from my business. After I get enough people to take the survey that allows me to understand what to have in my shop and at reasonable prices so people can afford them.

Market Research

  The basic role of the market research to me, is generally finding out who and what your customers want from a business, and what are the typical people you  can get to buy your good or service. For instant some people prefer to drive a hour and some minutes away to go to a mall, bakery store, or hair salon because of prices or even it feels more home to them. Using the 5 steps above helps you gather information so you know what to sell and what not sell.  

Chapter 3 Reflection :)

  Before We beginned this chapter, I had no idea what the eight entrepreneurial trends were. 1. Internet business conducting business online, 2. Service business intangible things that are done to make our life much easier, 3. Home-Based business conducting business from your house, 4. nonprofit business a business that does a job without a fee( giving back to the community), 5. Focus on tecnology, 6. outsourcing which is contracting with other business for a service, 7. Strategic Alliance two companies coming togather under on name and finally 8. Corporate Ventures which is a smaller business formung inside a lager  business. I knew what a franchise was but I didn't know that a business broker was the person to bring a franchisee which is the buyer and the franchisor which is the seller togather. I learned how McDonald's bacame famous because of Ray Kroc. I learned advantages of being in a family business, trudt, loyalty, and togatherness, but at the same time the disadvantages conflict and money.

My Franchise!

I franchise I chose to purchase is Jimmy John's Sand which Franchise. Jimmy John Liautaud started this business in 1983 in Charleston, Illinois in a garage. During the time jimmy John's opened, America was going through the Cold war, and jimmy wanted to create an affordable place where people could eat. Jimmy John's provide a fast food restaurant service. I chose this franchise because I keep hearing the commercial on the radio about how delicious and fast at delivering they are, and I really want to try their Sandwiches. Jimmy John's has over a thousand location in thirty- nine states.