Another way to put this franchise model, and maybe you want to challenge the name franchise, is not to create a central supply for the ingredients and product that is produced or that is served in the local area like a restaurant or the hospitality industry, but the model is to individually equip, train and scale the operation in terms of its individual location and potential with skills...
Analyzing the Importance of Preserving Information in Joint Ventures
So I was thinking, analyze the following text. So in the future, if we had to embark on some discussion about joint venture of a kind and bringing our value propositions together, one will need to, I'm not going to spell out all of what I have in my mind about this, I think it's best to let it go. Best to let it go and then to use it at a future opportunity, only because there's no point in...
Challenges with Joint Ventures and Value Creation
This is not a JV. If you provide some space for me to produce the product and then take 50% of the profits, to me that is not a joint venture. That's another arrangement. The idea for the joint venture was to do joint value creation. In other words, we produce product on my side, we produce product on your side, we create more value. Yes, more value was created by creating sandwiches on which you...