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Do Now 1)What is a franchise? 2) What do you think is a benefit to opening a franchise?

Published byViolet Fleming Modified over 9 years ago

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Presentation on theme: "Do Now 1)What is a franchise? 2) What do you think is a benefit to opening a franchise?"— Presentation transcript:

1 Do Now 1)What is a franchise? 2) What do you think is a benefit to opening a franchise?

2 Reminders News Article Analysis due FRIDAY!

3 10.9- Franchises Franchise- a business made up of semi- independent businesses that all offer the same product or services Franchisee- the individual business owner who pays a fee to the parent company

4 Advantages Independence- more independent than working for a business. Training- the parent company provides training on how to run the business Products- the parent company provides proven products Advertising- the parent company pays for advertising

5 Disadvantages Money- it takes a big investment to start You also have to share your profits with the parent company You do not have full control over the business

6 Independent Practice Shark Tank

7 Homework News Article Analysis due FRIDAY!

8 Exit Ticket 1) What is the biggest benefit to opening a franchise? 2) Is opening a franchise a guaranteed way to make money? Why?

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