What are the costs to the franchisee in a business format franchise?
Initial franchise fee to the franchisor, capital costs, other startup costs, ongoing royalty payments to the franchisor, advertising fees to the franchisor, and purchase of supplies from the franchisor, and training fees to the franchisor.
You might also like to view...
Trainees are likely to respond more positively to which of the following approaches of diversity training?
A. Increasing participants' awareness of cultural and ethnic differences as well as differences in personal and physical characteristics, such as disabilities. B. Teaching employees skills for constructively handling communication barriers, conflicts, and misunderstandings that arise when different people try to work together C. Sending participants directly into communities where they interact with persons from different cultures, races, and nationalities. D. A program that clearly demonstrates that it values diversity and minorities over the average white male employee. E. Making people aware of cultural differences and their stereotypes about those differences to avoid letting stereotypes influence their interactions with people.
Which of the following is the customary method through which a buyer's agent may be compensated?
a. Hourly rate b. commission split with listing agent c. flat fee paid by buyer d. percentage of sales price paid by buyer