Monday, September 29, 2014

Sept 29

NOTES on the Functions of Business

Next please read pgs. 9 - 13

1. List and briefly describe the (possible) characteristics of an entrepreneur.
2. Now please list your skills (or developing skills) that could help you be an entrepreneur.
3. What are your areas of weakness (where you would need to hire help) or areas where you need to grow (perhaps learn more skills)
4. What are the advantages and disadvantages of being and entrepreneur? 

Then we will look at "Identifying Business Opportunities"  Pg 14 and 15 


FRANCHISE ACTIVITY

You are to pick 3 different franchises that you would be interested in buying into.  To do this, search for the company's website and then find the part that says franchise info or business oppourtunity.  Once there, find the information on the following.

1. What is the franchise fee
2. What are the Royalty fees
3. What are the Advertising fees
4. How much money do they suggest you have
5. What do they do for you if you buy a franchise

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