Jamba juice

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by Simone Brewington2 views·Updated Oct 6, 2020
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  1. Im Summum Barington And this is my Jamba Juice franchises
  2. Project. Um first are the definitions where franchise its franchises
  3. is a licensed business pretty much, and you, like, use
  4. other businesses.
  5. Name in the franchisees is the individual that holds the
  6. license and have and sells goods under the businesses.
  7. Businesses, name and the franchisor is the person that sells,
  8. writes toe license.
  9. Their business pros and cons of, um, owning a franchise
  10. is the The pros are low failure, right?
  11. You get business assistance from the franchisor, and it's not
  12. as much expensive to start your own business.
  13. I was like, Not as expensive and conned is less
  14. flexible when you're running your own business meeting.
  15. Can't do certain things because not your business.
  16. So you can like change recipes because it's the franchises
  17. dresses get the share profit to the franchisors franchisees comes
  18. with high start up costs.
  19. Well, the franchise I chose with Jamba Juice and that's
  20. their logo.
  21. Um, the time there are food service industry and their
  22. fund in 1990 their headquarters is located in Atlanta, Georgia.
  23. Their mission statement is to become the leading blender of
  24. fruits and other natural healthy ingredients.
  25. They make 10 to $100 million a year, and they
  26. have over 860 plus domestic stores.
  27. And when I searched internationally, it said the same amount
  28. but didn't seem right, so I can't find the international
  29. amount stores.
  30. Financial is is for, like everything, too, like the initial
  31. startup Be like doesn't have everything.
  32. It just, like, required stuff.
  33. But everything else is like not required.
  34. But it totaled around $50,000 to start with the bare
  35. minimum, but to like owned actual business like requirements for
  36. the person trying to own the franchise.
  37. You have $35,000 net worth, and you also the pay
  38. a royalty fee or 6% to the franchisor and you
  39. required to do background checks.
  40. And Jamba has teamed up with organization called Team Up
  41. for Healthy America, and it's really just, um, there really
  42. the sponsor youth groups and encourages kids to eat healthier,
  43. and that's it