The Franchise Model

The The Franchise Model Quiz

1. 

Fees charged by a franchisor may include;-
Select all that apply

2. 

The advantage of the franchise system is that there is;-
Select all that apply

3. 

To be suitable to franchise a business must be;-
Select all that apply

4. 

As you prepare to franchise your business, you will usually need to;-
Select all that apply

5. 

As a potential franchisee, the things you would be looking for in a franchisor would include;-
Select all that apply

6. 

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

7. 

A franchisor cannot refuse to renew a franchise even if targets are not met.

8. 

As a potential franchisor you need to consider;-
Select all that apply

9. 

In a Business Format franchise there is not usually a tightly controlled agreement as to how the business is run

10. 

The fees and royalties paid by the franchisee can be used by the franchisor to;-
Select all that apply


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