Frequently Asked Questions About Franchising

Franchisors, answer the most frequently asked questions that potential franchisees have about franchising by providing them with a copy of these FAQs along with the application forms.

The Franchising FAQ topics include the following:

• 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.