Questions from General Entrepreneurship

Q: How would you explain the difference between franchises and other forms of

How would you explain the difference between franchises and other forms of business ownership?

Q: What are the biggest advantage and the biggest disadvantage of franchising?

What are the biggest advantage and the biggest disadvantage of franchising? Justify your answer.

Q: What do you expect to get in return for paying a franchise

What do you expect to get in return for paying a franchise fee?

Q: What is a royalty fee?

What is a royalty fee?

Q: Is the disclosure statement the only source of information you need to

Is the disclosure statement the only source of information you need to check out a potential franchise? Why or why not?

Q: Why are small businesses more likely than large businesses to be innovative

Why are small businesses more likely than large businesses to be innovative?

Q: After reading about the topics included in a franchise agreement, who

After reading about the topics included in a franchise agreement, who do you think controls most of the power in a franchise: the franchisee or the franchisor? Explain.

Q: What are the potential sources of conflict between franchisees and franchisors?

What are the potential sources of conflict between franchisees and franchisors?

Q: You are worried that someone else will buy a specific franchise in

You are worried that someone else will buy a specific franchise in your area before you do. Would it be all right to sign the franchise agreement before talking to your lawyer or accountant if you int...

Q: If you are the franchisee of a bookstore and you are offered

If you are the franchisee of a bookstore and you are offered twice the business’s book value to sell it to a third party, should you or the franchisor collect the additional money? Take a position and...