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.

The Frequently Asked Questions About Franchising are available as a downloadable MS Word file, which can be easily customized for your franchise business.