FRAN-HMPE QUIZ #2

What is Anglo-French word for franchise?

The process by which a franchisee extends the term of the franchise agreement after the initial term expires.

An individual or entity that is granted the right to open and operate multiple units within a specific geographic area.

A document provided by the franchisor that outlines the specific procedures and standards for operating the franchise.

Consider your own interests, skills, and passion. Choose a franchise that aligns with your background and expertise.

The intellectual property, such as logos or brand names, that distinguishes the franchisor's products or services.

He began selling sewing machines through a franchise system.

This is the process of promoting your franchise brand to your ideal customers through traditional and digital marketing methods.

Invest in opening and operating new outlets, bearing the costs of local operations.

A strategy where two or more franchise systems share the same physical space and operate complementary businesses.