Franchise Knowledge Quiz

Froggy Jumps

Test your knowledge about franchises with this fun quiz game!

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sarah ayyad

Emiratos Árabes Unidos

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Froggy Jumps Franchise Knowledge QuizVersión en línea Test your knowledge about franchises with this fun quiz game! por sarah ayyad 1 What is a franchise? a A government program for small businesses. b A business model where a franchisee operates under a franchisor's brand. c A type of investment fund. 2 What does a franchisee pay to a franchisor? a A one-time donation. b Taxes on profits. c Royalties and fees for using the brand. 3 Which of the following is a benefit of franchising? a No initial investment required. b Established brand recognition. c Complete independence in operations. 4 What is a franchise agreement? a A marketing strategy document. b A verbal agreement. c A legal contract outlining the terms between franchisor and franchisee. 5 Which industry commonly uses franchising? a Fast food restaurants. b Real estate agencies. c Local farmers' markets. 6 What is a master franchise? a A franchise that operates without a brand. b A franchise with no fees. c A franchise that allows the holder to sub-franchise in a specific area. 7 What is the primary risk for a franchisee? a Guaranteed profits every year. b Dependence on the franchisor's success. c Complete control over the business. 8 What is the term for the initial payment to start a franchise? a Startup cost. b Franchise fee. c Operational cost. 9 What is a franchise disclosure document? a A financial statement. b A document providing detailed information about the franchise. c A marketing brochure. 10 What is a common reason for franchise failure? a Poor location choice. b Too much advertising. c Excessive customer demand.

Froggy Jumps

Franchise Knowledge QuizVersión en línea

Test your knowledge about franchises with this fun quiz game!

por sarah ayyad

What is a franchise?

A government program for small businesses.

A business model where a franchisee operates under a franchisor's brand.

A type of investment fund.

What does a franchisee pay to a franchisor?

A one-time donation.

Taxes on profits.

Royalties and fees for using the brand.

Which of the following is a benefit of franchising?

No initial investment required.

Established brand recognition.

Complete independence in operations.

What is a franchise agreement?

A marketing strategy document.

A verbal agreement.

A legal contract outlining the terms between franchisor and franchisee.

Which industry commonly uses franchising?

Fast food restaurants.

Real estate agencies.

Local farmers' markets.

What is a master franchise?

A franchise that operates without a brand.

A franchise with no fees.

A franchise that allows the holder to sub-franchise in a specific area.

What is the primary risk for a franchisee?

Guaranteed profits every year.

Dependence on the franchisor's success.

Complete control over the business.

What is the term for the initial payment to start a franchise?

Startup cost.

Franchise fee.

Operational cost.

What is a franchise disclosure document?

A financial statement.

A document providing detailed information about the franchise.

A marketing brochure.

What is a common reason for franchise failure?

Poor location choice.

Too much advertising.

Excessive customer demand.

Franchise Knowledge Quiz

Froggy Jumps

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Franchise Knowledge QuizVersión en línea

por sarah ayyad

What is a franchise?

What does a franchisee pay to a franchisor?

Which of the following is a benefit of franchising?

What is a franchise agreement?

Which industry commonly uses franchising?

What is a master franchise?

What is the primary risk for a franchisee?

What is the term for the initial payment to start a franchise?

What is a franchise disclosure document?

What is a common reason for franchise failure?