Franchise

Franchises are most common in the...

• primary sector

• secondary sector

• tertiary sector

• quaternary sector

The brand owner is termed the...

• franchisee

• franchise

• franchised

• franchiser

What legal structure will franchisees have?

• only sole proprietorships

• only partnerships

• only limited liability companies

• any of these

How many of McDonald's worldwide are franchised?

• 93%

• 75%

• 41%

• 16%

How much is the initial franchise fee?

• $5,000 - $10,000

• $20,000 - $50,000

• $80,000 - $100,000

• $200,000 - $500,000

The first franchise operations began in the 1800s in (the)...

• UK

• Russia

• US

• Australia

Which of these franchises has the largest number of outlets worldwide?

• KFC

• Burger King

• Subway

• McDonald's

How many franchisees were there in Germany in 2020?

• 14,765

• 34,892

• 138,748

• 1,588,224

A franchise is one of the less risky types of businesses available.

• true

• false

How many franchisees succeed?

• 30%

• 50%

• 70%

• 80%