Westside High School Business Entrepreneurship Class - Welcome to the Wolves Den 2011-12

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Westside High School Business Entrepreneurship Class

Welcome to the Wolves Den 2011-12

Latest Activity

Copyright Laws Assignment

http://www.copyright.gov/ As a business entrepreneur, it is very improtant to understand about copyright, trademarks, and patents and the rules surrounding them. Using this link, complete the study guide questions concerning copyright law. We will discuss this as class tomorrow and have a short quiz on Wednesday.See More

Discussion posted by Kim C. Monday

Francise

Investing in a francise would be the best option for me because it seems like the easiest road to take. There are down falls to investing in a francise such as the royalty fee that has to be paid in order to own the francise. But other than that it would be better for me because the training that I would go through would prepare me for the job. It would also beneifit me because I wont have to worry about starting up the francise because its already in business. Then it will benifit…See More

Blog post by DeRolen KB. Jan 12

Owning a Franchise

I would like to own a franchise rather than starting a business from scratch. Although both options provide substantial amounts of pro's and con's, the latter would definetly be a faulty choice for me. I am an impatient and rash person, I often make decisions that are not well thought out. Buying into a franchise would provide me with a foundation and a "safety net" if one of my decisions proves to be bad for the company.I would also have training and continual help which is very good for…See More

Blog post by LondonL Jan 12

Activity 2

Investing in a franchise and starting it from there would be better for me because I'll have more of a background. If I were to start my own buisness from scratch then it will be a little more difficult. Plus they say that people that start their own buisness from scratch is 70-80% chance of not succeeding at first. Not saying it cant be done but it would just be more difficult to, start a buisness from scratch. Buying my own franchise would be better for me cause I would have more of a…See More

Blog post by Joseph J. Jan 12

Franchise

I would invest in a franchise because I think this would be a much easier task for me. Since I can't always handle certain situations, I think it would be nice to have someone to lean on. Through a franchise, I would be apart of an already opperated company which will be good for me. Also, becuase they take you through training, I will already know the rules and regulations on how to run the company. Finally, I would invest in a franchise because though I will have to pay a royal fee, I will be…See More

Blog post by Kevin B Jan 12

Franchises

I think I would invest in a franchise. With just investing in a franchise I wouldn't have to deal with all the problems that come along with opening my own business. Such as having to deal with paying off lones from the bank, coming up with my own franchise rules, and other hassles.With opening an already established company I would already have rules to follow.See More

Blog post by Keyonna H Jan 12

Activity 2

Investing in a franchise will be the choice that I would make if I wanted to start my own business. Having a franchise would be better because the product would be already successful, I would get help and training in how to manage the franchise, the profits are very high, and the only limitation is that I would have to follow every instruction provided by the franchiser, since I do not see it as a problem if those instructions are leading me to great profits and more experience.See More

Blog post by laura L Jan 12

Activity 2

I would like to invest in a franchise because I like following a certain procedure and all the materials would be given to me therefore it would be easier. Also, whatever product or service I would provide would be purchased/given in bulks making them cheaper. Another advantage would be that the franchise would bring immense profit. One disadvantage would be that when buying the franchise a lot of money would be spent.See More

Blog post by Ana M Jan 12

Activity 2

I would rather buy a well known franchise simply because you immediantly gain a profit. You don't have to worry about if your buissnes is going to make it through the year or what bills you have to pay. All you have to do is pay a simple Royalty Fee and some other minor bills. There is also a lower failure rate if you buy into a franchise. So really the only reason I would buy a franchise is for the money$$$$$$!!!!!! See More

Blog post by Ricky Anyanwu Jan 12

Franchise Pros & Cons

I think owning a franchise would be a better idea for me to choose. I think it is a good idea because the business is already established & franchises are more likely to be more successful than new businesses. There's also training available, to help you learn about things with the business. You'll reap the benefits of the parent company too. Your franchise could be at risk if the parent company suffers from financial problems.See More

Blog post by Chelsi R. Jan 12

Franchise

I think I would be better off investing in a franchise. It has a lower failure rate for it has been established. This franchise could be profitable right away. Also it could already have national recognition. The disadvantage is that you have to do it their way.See More

Blog post by Trey W. Jan 12

Activity 2

Wether I wanna start my own business or buy a franchise there will always be pros and cons. I think i would buy a franchise because my own business sounds more risky. Doing a good research and asking for other people's opinions then make sure this franchise will be succesfull. With a franchise you already know its going to be a succesfull business and you are mostly ensured to gain money, it can have its drawbacks but it is a safer way before actually starting my own business. See More

Blog post by leylani A Jan 12

Activity 2

Based on reading the 2 articles, I think I would rather start my own business. Though you might make more money because it is a well known label you still have to pay royalty fee on top of overhead expenses. Whereas if you start your own business you only have to pay overhead expenses. Another reason why I would rather start my own business is because there are some people who might not like the place and decide not to go there because of a bad experience they've had and you end up losing…See More

Blog post by Emerald L. Jan 12

Activity 2

I would own a Business format Franchise because for they would require to me to sell and market the products their way which makes less work for me. In addition to that there's no royalty fee to pay for selling the product or providing the service. Lastly this would be the best job for me because I would still be able to be my own boss. The down side to this would be the great responsibility of owing and operating this resturant by myself in a sense. If the business is taking a loss then that…See More

Blog post by Lexi C. Jan 12

Franchise Post

When thinking of a business, I would like to go into work for myself. Though this may seem hard at first, in the end I think it will all be worth it. Because I'm the type of person that doesn't like oweing anyone money, once I have gotten the loan to start my business I would pay it off as fast as possible. Another reason as to why I would like to start my own business is because I wouldn't have anyone to answer to. I would be able to run things the way I want to and no one will be able to have…See More

Blog post by tyeram Jan 12

Activity 2

Starting a buisness would be better for me because I do not have the money to buy a franchise, I would have to pay a royalty fee, and I want to be abe to make my own businesses choices but I would have a great risk of failure.See More

Blog post by Brittani G Jan 12

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Blog Posts

Francise

Investing in a francise would be the best option for me because it seems like the easiest road to take. There are down falls to investing in a francise such as the royalty fee that has to be paid in order to own the francise. But other than that it would be better for me because the training that I would go through would prepare me for the job. It would also beneifit me because I wont have to worry about starting up the francise because its already in business. Then it will…

Continue

Posted by DeRolen KB. on January 12, 2012 at 2:12pm

Owning a Franchise

I would like to own a franchise rather than starting a business from scratch. Although both options provide substantial amounts of pro's and con's, the latter would definetly be a faulty choice for me. I am an impatient and rash person, I often make decisions that are not well thought out. Buying into a franchise would provide me with a foundation and a "safety net" if one of my decisions proves to be bad for the company.I would also have training and continual help which is very good…

Continue

Posted by LondonL on January 12, 2012 at 2:12pm

Activity 2

Investing in a franchise and starting it from there would be better for me because I'll have more of a background. If I were to start my own buisness from scratch then it will be a little more difficult. Plus they say that people that start their own buisness from scratch is 70-80% chance of not succeeding at first. Not saying it cant be done but it would just be more difficult to, start a buisness from scratch. Buying my own franchise would be better for me cause I would have more of…

Continue

Posted by Joseph J. on January 12, 2012 at 2:06pm

Franchise

I would invest in a franchise because I think this would be a much easier task for me. Since I can't always handle certain situations, I think it would be nice to have someone to lean on. Through a franchise, I would be apart of an already opperated company which will be good for me. Also, becuase they take you through training, I will already know the rules and regulations on how to run the company. Finally, I would invest in a franchise because though I will have to pay a royal fee, I will…

Continue

Posted by Kevin B on January 12, 2012 at 1:57pm

Franchises

I think I would invest in a franchise. With just investing in a franchise I wouldn't have to deal with all the problems that come along with opening my own business. Such as having to deal with paying off lones from the bank, coming up with my own franchise rules, and other hassles.With opening an already established company I would already have rules to follow.

Posted by Keyonna H on January 12, 2012 at 1:54pm

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Congratulations to the Wolves Den 2011-12

Officers

President: Brittani Gambrell

VP Marketing: Alixie Charles

VP Production: Emerald Lewis

VP Finance: Trey Weems

Co-VP Human Resources:Leylani Astorga and Chelsi Robinson

VP Public Relations: Tyera Morris

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Copyright Laws Assignment

Started by Kim C. on Monday.

Owning a Franchise-In Class Assignments Beginning 1/12

Started by Kim C. Jan 12.

"Ways the World Has Changed" Power Point Assignment 9 Replies

Started by Kim C.. Last reply by Brittani G Jan 10.

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