Franchises
First – Read the attached PDF regarding Franchises – Second – Take the self-survey on the link provided. https://www.franchiseopportunities.com/resources/self-survey Third – Drafting your paper. Should be no less than 2 pages single spaced. No more than 5 pages. Your paper should restate each question below and then provide your answer to each question. NO HANDWRITING. Answer the following questions – 1. At what type of franchise would I be most be successful? Why? 2. What is the cost to start this type of franchise? 3. What entity formation should I use and why? 4. What are my perceived strengths that would benefit my running a franchise? 5. What are my perceived weaknesses in running a franchise? 6. Who would I ask for investment money to start this franchise? 7. Would it be a loan, or an investment where I would I make them an acting partner? 8. What are the advantages and disadvantages if they want to be a silent partner? 9. My goal is to buy them out so I can have sole ownership. How would I accomplish this? On what terms? 10. How would I determine my success and what is my plan to make this profitable for me, not just the franchisor? The paper should be 1100 words long
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