1. Franchises LEQ: What are the advantages and disadvantages of purchasing a franchise?

2. Francises  A franchise is an enterprise that uses the original company’s name to sell goods and services.  The parent company or the company owning the name – is called the franchisor.  The person or group opening the franchise is the franchisee.

3. Franchises  Examples include Holiday Inn, Century 21, and Burger King.  Franchise agreements include requirements designed to uphold to reputation of the parent company.  Franchisor often provides training for employees and pays for national advertising.

4. Franchises  Chick-fil-A http://www.chick-fil-a.com/operator.asp