Hand in your 'buying a business' worksheet.
Activity: You are to go on-line and find 3 franchises that you can buy into. For each, answer the following questions
1. What is the franchise called? Briefly describe the business
2. What is the initial franchise fee?
3. What will you need to start this franchise (make a list)
4. Now you have a list of what you need to start the franchise, how much do you estimate the TOTAL Start-up cost to be?
5. Do you have to pay any Royalty Fees, Advertising Fees or other Fees to the Franchise? Is so, how much and for what?
6. How much Capital (money on hand) will you need to start this franchise?
Print and Hand in when you are finished, out of 12 marks!
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