Multiple Choice
Preparing a financial package by a franchisee is meant to assist in the generation of equity investment or debt backing for the startup and operation of the business venture.When preparing the financial package for presentation,the first parties to consider when writing the financial package should be:
A) the franchisor
B) other franchisees of the same franchise system
C) the area developer or Director of Franchising for the franchise system
D) the local bank,loan office or investor to understand the operations,functions and potential profitability of the franchise.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: When its time to sell or retire,most
Q3: The executive summary part of the financial
Q4: In 1953 Congress passed the Small Business
Q5: Most franchisors<br>A)provide up to 90 % in
Q6: The "initial franchise fee" is<br>A)a one-time cost
Q7: Debt financing by a franchisee is typically
Q8: The franchisee's major financial obligation is to:<br>A)the
Q9: The primary goal of any franchise company
Q10: Typically,franchise fees<br>A)remain the same and do not