The The Franchise Model Quiz

1. The fees and royalties paid by the franchisee can be used by the franchisor to;-
Select all that apply
2. As you prepare to franchise your business, you will usually need to;-
Select all that apply
3. A franchisee need have no prior knowledge of their chosen industry sector, but it will usually improve their chances of success if they have an interest and some prior knowledge
4. A franchisor cannot refuse to renew a franchise even if targets are not met.
5. The advantage of the franchise system is that there is;-
Select all that apply
6. As a potential franchisor you need to consider;-
Select all that apply
7. In a Business Format franchise there is not usually a tightly controlled agreement as to how the business is run
8. Fees charged by a franchisor may include;-
Select all that apply
9. To be suitable to franchise a business must be;-
Select all that apply
10. As a potential franchisee, the things you would be looking for in a franchisor would include;-
Select all that apply

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