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Franchise- Business
The top 40 franchise business's are clothing companies
why is it easy?
Franchise- Business
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StudBud Administration
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#business #franchise
Flashcards
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Questions
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Answers
1
why is it easy?
people want to invest in it
once you get started you get money back
you get attention
people want to work for you
2
The top 40 franchise business's are clothing companies
true
false
3
How do you start a franchise
hire people, build your brand, and choose locations
get money, buy a car, sell your cat
choose location, make a product, sell it
invest in a company, get employed, sell your own product
4
How many franchise business are in the US right now currently?
75,000
750,000
1 million
13,000
5
What are the top 40 franchise business's?
Animal stores
Food
Shoes
Clothing
6
What is a franchise?
business that owns right to use someone else's business.
A family owned business
A restaurant
A business that requires a license to own
7
Which one of these four companies is a franchise?
Nike
Mc Donalds
Burracho's
Under Armour
8
A new franchise opens every 8 minutes of each business day
True
Falso
False
9
is it easy
NO
PURPLE
YES
YES and NO
10
What are disadvantages of owning a franchise?
Cost may be higher than you expect
you have to agree to buy products from a franchiser
you travel a lot for your job
you have to pay management service fees
11
why is it hard
It is hard to find a product
Hard to employ people
Difficult to find a location
It is expensive