Choose a franchise that you are interested in researching. It can be a fast food, service franchise, any type of franchise. HOWEVER….do NOT do research McDonalds or Subway! (Those are too easy!) You can search for information in www.entrepreneur.com.
You must answer ALL of the questions below:
1. NAME OF FRANCHISE YOU CHOSE:
2. WHAT TYPE OF BUSINESS DID YOU CHOOSE?:
3. WHAT IS THE REPUTATION OF THE FRANCHISOR, JUDGING BY THE INFORMATION YOU HAVE READ ABOUT THIS COMPANY?
4. WHAT TRAINING AND START UP ASSISTANCE IS OFFERED BY THE FRANCHISOR?
5. WHAT CONTINUING ASSISTANCE IS OFFERED BY THE FRANCHISOR?
6. ARE THE LOCATION AND TERRITORY PROTECTED?
7. WHAT ARE THE FRANCHISE COSTS?**
• INITIAL LICENSE FEE:
• CONTINUING ROYALTY FEES:
• OTHER FEES:
• HOW CAN THE SALE BE FINANCED?
• WHAT ARE THE TERMS OF RENEWAL AND TERMINATION? (This may not be applicable to all franchises)
