Individual written assignment: 1,000–1,200 words
When you hear the word “franchise,” you may think of fast-food establishments. Although many fast-food restaurants are franchises, there are many other businesses available for franchise, as most entrepreneurs know.
Conduct some online research to see what you can find out about non-food franchises.
- What types of franchises are out there?
- Which ones interest you?
- If you were in the initial business planning stage, what information would you want to know about the franchise?
Remember that a good place to start is the International Franchise Association’s Web site, on which you will find a lot of useful information.