Presentation on theme: "Franchises. Objectives W.A.L.T: Evaluate the idea of owing a franchise& determining what advantages & disadvantages there are associated with it W.I.L.F:"— Presentation transcript:
Objectives W.A.L.T: Evaluate the idea of owing a franchise& determining what advantages & disadvantages there are associated with it W.I.L.F: You to create a suitable advert for the sale of a franchise
Starter Activity What are the various businesses organisations that we have done? What is an entrepreneur? What are the characteristics of an entrepreneur? What are the two sources of finance called? List three finance methods associated with each
What is a franchise? Involves paying a fee & agreeing to produce goods exactly in accordance with the franchise company’s policy Payments are made on a regular basis depending on profits made Training & supervision are provided
Your task Create a newspaper advert selling a franchise Example: Mc Donald’s largest restaurant for sale as a going concern to suitable franchisee(address) Excellent trading figures, full training provided. Price £375,000
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