The Franchise Model Quiz

96This quiz is designed to test your knowledge of these modules of the “The Franchise Model” lessons in the Management Skills Courses, specifically;-

There are ten questions some of which are “tick all that apply “, and others are True/False.

The pass mark is 70 out of a potential 100 points, 10 for each question.

Once you are satisfied with your answers, complete your name, address and email address and click on “submit“ to submit your answers.

You will shortly receive an email advising you of your score, whether you have passed the quiz, and how your answers have been scored.

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 a potential franchisee, the things you would be looking for in a franchisor would include;-
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. 

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

5. 

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

6. 

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

7. 

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

8. 

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

9. 

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

10. 

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

Be sure to click Submit Quiz to see your results!

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