Frequently Asked Questions About Franchising

Potential franchisees have questions about franchising. Give them a copy of these Frequently Asked Questions along with their franchisee application package.

• The FAQ topics include:
  • what type of experience and qualifications you need in order to be accepted as a franchisee;
  • management of the franchise;
  • the level of training and assistance provided by the franchisor;
  • marketing and advertising requirements;
  • costs, franchise fees and ongoing royalties;
  • standard terms of franchise agreements;
  • transfer or sale of a franchise;
  • operating procedures and standards;
  • inspections and on-site audits by the franchisor;
  • site selection and construction of the premises;
  • purchasing of products and supplies;
  • sales quota requirements.
• Avaialble as a downloadable MS Word file, which can be easily customized for your franchise business.