Topic: Franchises
Answers to Common Questions
What is Franchise?
A franchise is a business model where the original business allows others to purchase the rights to the name and operate under that name. Franchisers usually then get a percentage of the profits from the franchised businesses. Read More »
Source: http://answers.ask.com/Home/Other/what_is_franchise
How to Franchise?
You can franchise by purchasing a portion of a large corporation. These corporations may offer you a franchise at a certain location, giving you management over that district. However, they may require certain qualifications and provide gui... Read More »
Source: http://answers.ask.com/Business/Other/how_to_franchise
What is a Franchise Player?
A franchise player is the athlete on a sports team in which the owners have decided to build their team around. In the NFL, it means the team has to pay that player a premium salary and in return that player cannot be traded to another team... Read More »
Source: http://answers.ask.com/Sports/Football_and_Rugby/what_is_a_franch...
Answers to Other Common Questions
To buy a franchise you must contact the owner of the franchise. Most places require a set dollar amount in your savings account before you're considered. Places like Subway like you to have $1 million in savings first. That's a lot of $5 Fo... Read More »
Source: http://answers.ask.com/Food_and_Drinks/Restaurants/how_to_buy_a_f...
According to their own website, Starbucks is not a franchise and has no plans to become a franchise in the future. They are company owned and operated with the exeptions of small deals that may be made at schools, etc. Read More »
Source: http://answers.ask.com/Food_and_Drinks/Restaurants/how_much_is_a_...
The general way in which a franchise works is as follows: A person starts a successful company and decides to let other people open the same company in another location. The person who wants to open the company must put up a certain amount ... Read More »
Source: http://answers.ask.com/Food_and_Drinks/Restaurants/how_does_a_fra...
To start a franchise you must first find the business you would like to own. Then you contact the business office and request franchise information. Each franchise is different and have different requirements. Look here for more information... Read More »
Source: http://answers.ask.com/Business/Other/how_to_start_a_franchise
You can open a franchise by first having enough money to do so, usually at least $250,000 and having no debt. You have to contact the franchise of choice to see what their requirements are to open one. To find more information click here: h... Read More »
Source: http://answers.ask.com/Food_and_Drinks/Restaurants/how_to_open_a_...
A franchise tax is a tax charged by the United States government to corporations based on their assets. This tax is used to help increase revenue for the state. Read More »
Source: http://answers.ask.com/Business/Finance/what_is_franchise_tax
A good business is even better if you can make money off of it as a franchise. The trick will be jumping through all the hoops the government requires in order to establish your franchise. You will find it necessary to hire legal assistance... Read More »
Source: http://answers.ask.com/Food_and_Drinks/Restaurants/how_to_franchi...
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