Learning Objectives
Identify common franchise terms.
Understand the advantages and disadvantages of owning a franchise.
Determine the difference between a franchisee and a franchisor
Instructions
Every week you will be asked to reflect and respond in a Discussion Board forum. Your contribution to the topic should be clear, complete, and accurate. This assignment also requires that you read the answers posted by your classmates and respond to at least one of those postings. You are required to meet the following guidelines.
Develop a detailed response using APA format (in-text citation, reference list) and utilizing at least one credible resource in addition to the course resource. Thus, use two resources total.
Post your initial response by end of day on Friday.
Post feedback responding to a classmates post by end of day on Sunday.
After completing the assigned readings (Intro to Franchising) answer the following discussion questions.
1. Define the FDD and discuss its significance to the franchise industry.
2. Define the franchise agreement and discuss how it differs from the FDD.
Assigned Reading : https://www.franchise.org/faq/franchising-101
