Starting a Business Assignment
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Instructions for the assignment:
Take some time to research different franchises. Go to their websites and look through their social media accounts. Decide on one franchise that you would invest in. Not all businesses offer franchise opportunities, so you may have to search through a few different companies. Typically, franchise information is located on the bottom of a company’s website. Answer the following questions.
1. a. Name the business you would invest in.
b. List their name and website.
c. Describe the requirements of owning the franchise you mentioned in #1. (financial obligations of net worth, liquid assets, qualifications, etc.)
2. Go to The Fish Call (Links to an external site.) http://www.thefishcall.com/index.html and take a look at the “About Us” link under “Info.” What is this company about and did you find anything surprising about what you read?
3. Question 1 challenged you to think of a franchise you would consider investing in. Question 2 had you read about how a business was started with an entrepreneur. Think of the positives and challenges of owning a franchise versus owning your own business. Would you rather own your own business independently or become a franchisee? List 3 reasons supporting your decision.
Once you have answered these questions, put together a business write-up (essay) in a Word document.
Document Requirements: Use the Assignment Template.docxPreview the documentView in a new window to type your document. Font (Times New Roman), font size (12), 1-inch margins and double-spacing is already set up for you. Your document length should be around 1-2 pages. Please review over the rubric below to understand how you will be graded for this assignment. Save your write-up and submit as a .doc, .docx, or PDF. The assignment must be submitted as an attachment in .doc, .docx, or .pdf format.
Proper grammar, spelling, and punctation is expected.
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