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Week 2 e-Activity

• Go to the World Franchising Directory located at http://www.worldfranchising.com. Select any of the hottest new franchises that interest you and go to their Websites. View the site and identify the information about the financial requirements that you, as the franchisee, would have to meet. Be prepared to discuss.

Choosing a Form of OwnershipPlease respond to the following:

• From the e-Activity, describe the most appropriate form of ownership for your new franchise based on your current financial situation. Provide specific examples to support your response.
• Assume the form of your new business will be a partnership (if you have not already done so). Discuss the types of conflicts that may arise and how you could prevent them from arising in the first place.

Franchising and the EntrepreneurPlease respond to the following:

• Based on the case study (“Firehouse Subs”), determine which of the three options executives are considering would be most beneficial to a single franchise owner. Explain your rationale.
• From the e-Activity, discuss the advantages and disadvantages of being a franchisee of the franchise you selected. Provide specific examples to support your response.