Business 210
By: cflann1919 • Essay • 468 Words • April 24, 2011 • 990 Views
Business 210
When choosing a company that I would like to profile, I decided to choose Fantastic Sam's. The reason why I have decided this is because I have worked for this company before for about 2-3 years and I am very much aware of their products and services. Fantastic Sam's is a worldwide corporation that produces many franchises all around the world. People know of this company to advertise discounted hair services for a lower cheaper rate. In many ways this allows the customers and the owners to both benefits in many ways. The employees are able to up-sell products and services to the customers and make more of a commission and bringing people back every three weeks. In many different ways this business is great, in other ways this might not be the way to go for some. Considering this company is a franchise it means guidelines and rules. People who are able to go along these guidelines and rules are able to become successful.
When Fantastic Sam's is able to produce cheaper discounts on hair services, the revenue becomes greater, unlike the independently owned salons. The commerce aspect of Fantastic Sam's is when customers know that they would like to get a good haircut, but are not able to pay a lot of money for one Fantastic Sam's offers them a cheaper and better route to take. This is the trade between money for a service and vice versa. This also allows fantastic Sam's to market to people of all ages also allowing the company to bring more people coming back.
The business organization aspect of the company Fantastic Sam's is the rules and regulations that the employees must fallow in order to receive your monetary reward. In this circumstance