When buying a franchise,the potential franchisee should first:
A) search for start-up capital for local banks.
B) evaluate him/herself as to the fit with the franchise.
C) work in a similar business or industry for a year.
D) contact the local chamber of commerce for information on the local economy.
Correct Answer:
Verified
Q16: Franchising is currently dominated by:
A)auto dealers.
B)service-oriented franchises.
C)retail
Q17: A significant advantage a franchisee has over
Q18: Most gasoline products are sold through the
Q19: Most franchise experts consider the most important
Q20: The failure rate for franchises is:
A)higher than
Q22: Under what circumstances would a typical franchiser
Q23: The first,second and third growth wave in
Q24: To protect investors from unscrupulous franchisers,the regulatory
Q25: The biggest challenge facing the growth of
Q26: Despite all the benefits,there are a number
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