There Are Three Central Finance Questions a Prospective Franchise Must

question 10

Multiple Choice

There are three central finance questions a prospective franchise must answer.Identify the question below is not a central finance question for a prospective franchisee.

• A)Do I have enough cash to pay the fees and cover somewhere between 20-to-100 percent of the total amount required by the franchise system prior to opening?
• B)Can I find some one (or more)who will finance the amount that I can't cover?
• C)Additional sources of capital are likely to be needed.Can I get agreed upon sources of additional funds as needed to assure that sufficient working capital is available to me?
• D)Can I qualify for state,federal or local grants to assist in the acquisition of the franchise?

Identify specific phobias and their effects on individual behavior.

Understand the phenomenon of sensory and perceptual experiences without an external stimulus.

Understand the dynamics and implications of gender bias in higher education.

Grasp the stages and impacts of ethnic identity development.

---

Definitions:

Revenues

Income earned by a company from its business activities, typically from the sale of goods and services to customers.

Fees Earned

Income gained from providing services, reflecting work completed but not necessarily paid for by the client.

Classification

The process of organizing data, objects, or information into categories or groups based on shared characteristics or criteria.

Normal Balance

The side (debit or credit) of an account that is typically increased. For assets and expenses, it's the debit side; for liabilities, equity, and income, it's the credit side.