Entrepreneurship!!

Front

Before creating a product, it is wise to ---------------- what it takes to produce the product.

Back

Research

Front

A person who works for someone else??

Back

Employee

Front

Which is NOT a disadvantage of Entrepreneurship? Options: Risky, Uncertain Income, work long hours, you are the boss

Back

you are the boss

Front

What type of entrepreneurial business actually produce the products they sell?

Back

Manufacturing

Front

What is a franchise?

Back

where a buniesses sell the rights to their brand

Front

What are the benefits of owning a franchise business? Options: Easier to get financing, protected territory, proven business model, all of the above

Back

all of the above

Front

fee paid from franchisee to franchisor based on percentage of sales?

Back

royalty fee

Front

A franchise business model is used only in the food industry

Back

FALSE

Front

Which is a franchisor?

Back

allows others to use their brand and business for a fee