After You Have Identified One or Two Possibility Choices for a Franchise

question 29

Multiple Choice

After you have identified one or two possibility choices for a franchise opportunity, the next step is to:

• A) Meet with the corporate headquarters
• B) Request a promotional kit from each of the franchisors
• C) Go to the bank to secure financing
• D) Make an appointment with a lawyer

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Definitions:

Macro-Incremental

This term is not widely recognized as a standard financial or economic term. NO.

Non-Cash Items

Expenses or incomes on a company’s financial statements that do not involve actual cash flow, such as depreciation or amortization.

Operating Cash Flow

The cash generated from the normal operations of a business, reflecting how well the company generates cash to pay its debt obligations and fund its operating expenses.

Sales Revenues

The income received by a company from its sales of goods or the provision of services.