Manufacturer Franchise Structure

What is the main advantage of a franchise as a form of business ownership?Complete autonomyGuaranteed successEstablished brand and operational supportNo initial investment required

Why is it important for a company to build its brands?

A known restaurant brand opening a new franchise or location is an example of…..Select one:a.Industry Growthb.Industry Stagnationc.Consolidationd.None of these

Which of the following is NOT a characteristic of a franchise?Independent operationPayment of royaltiesOperating under a franchisor's trade nameFollowing a franchisor's operational guidelines

Multiple Choice QuestionWith regard to franchising, which party acquires the rights to the name, logo, methods of operation, national advertising, and products?Multiple choice question.The franchiseThe agentThe franchiserThe franchisee