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| Topic: |
Business
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| Number of pages / Number of words: |
7 / 1733 |
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Along with this, it would be advantageous to ensure that the business is well stocked in local beers since it is considered the beverage of choice among natives (Country review: Czech Republic, 2008). Also a salad bar would help bring in a diverse crowd increasing traffic flow in the restaurant.
Potential Competitive Advantages
There are several competitive advantages in the Czech Republic that make it a good location for starting a new franchise...
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The general labor costs are low and technical skills are considered high compared to the rest of Western Europe. This could be used to the advantage of the business to foster stronger growth. Contrasting viewpoints, however, highlight that the challenges of the Czech labor market is labor mobility. Workers are not willing to move around the country looking for work...
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