Franchise Assignment
Franchise Assignment
The purpose of this assignment is for you to gather research information about your selected franchise in preparation for the franchise project. You don’t have to write a paper, just answer the questions below. Grammar and punctuation counts!
For the sake of this project, you have a budget of $75,000 cash, and $500,000 net worth.
There are several websites you can utilize as resources, make sure you reference them at the bottom of your posting.
www.franchiseopportunities.com
www.americasbestfranchises.com
www.entrepreneur.com/franchises
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Franchise Name:
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What is the Franchise Category?
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Provide a description of the Company:
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What is the company’s website address?
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What is the required cash amount?
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What are the Start Up costs?
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Franchise details: what year was it established, what are the number of units, local or nationwide locations, and where is the home office?
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Where would you like for the franchise to be located? Provide three options including City and State.
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What is the Total Investment?
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What are the required Franchise Fees: Initial fee, advertising appropriations, and royalties?
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Is there a demand for the franchisor’s products or services in your area?
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What is the level of competition? How many franchised and company-owned outlets does the franchisor have in your area?
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What training and ongoing support does the franchisor provide?
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What are the Pros and cons for starting this franchise?
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Lastly, why did you select this Franchise?
SAMPLE ASSIGNMENT
