The The Franchise Model Quiz

1. 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
2. As a potential franchisor you need to consider;-
Select all that apply
3. The advantage of the franchise system is that there is;-
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4. In a Business Format franchise there is not usually a tightly controlled agreement as to how the business is run
5. The fees and royalties paid by the franchisee can be used by the franchisor to;-
Select all that apply
6. A franchisor cannot refuse to renew a franchise even if targets are not met.
7. Fees charged by a franchisor may include;-
Select all that apply
8. As you prepare to franchise your business, you will usually need to;-
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

Be sure to click Submit Quiz to see your results!



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