Reference no: EM132858508
Research a business franchise, noting the procedures necessary for buying into that franchise. Be sure to note the pluses and minuses in purchasing this franchise without giving your opinion as to whether these pluses and minuses are an advantage or disadvantage.
The name of the company
Procedures necessary, or what is required of you, for buying into that franchise
This is an example of an initial post:
McDonald's--New Restaurant
Procedures/Requirements:
Franchise Fee--Initially $45,000
Equipment/Pre-opening Costs--Typically, $1,013,000 to $2,185,000 (depending on the restaurant location and size, kitchen equipment, signage, style of decor and landscaping selected). The owner/operator must pay 40% of this amount in cash and may finance the balance.
Franchise Term: 20 years
Ongoing Fees: Service fee is currently 4% of monthly sales & Rent is a monthly base amount or a % of monthly sales
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Research a business franchise
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