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Course Details

To Franchise Or Not To Franchise (Course Id 324)

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Author : Jay R Carlson, MCSE, MCDBA, A+ Certified
Status : Production
CPE Credits : 3.0
IRS Credits : 0
Price : $29.95
Passing Score : 70%
Primary Subject-Field Of Study:

Management Advisory Services - Management for Course Id 324

Description :

In this training document you will learn about the franchise model of doing business. It offers the data to help you learn about what franchising is, what you need to think about before buying a franchise, and a brief overview of financial and management processes.

Usage Rank : 0
Release : 2010
Version : 1.0
Prerequisites : None
Experience Level : Overview
Additional Contents : Complete, no additional material needed
Additional Links :
Advance Preparation : None
Delivery Method : Self-Study
Intended Participants : Anyone needing Continuing Professional Education (CPE)
Revision Date : 27-Nov-2010
NASBA Course Declaration : Participants must complete the final examination within one year of purchase and with a minimum passing grade of 70% or better to receive CPE credit unless otherwise noted on the Course History page (i.e. California Ethics must score 90% or better). After logging in click on the Course History links on your My Courses page for the Begin date and Expire date for the Final Exam.
Approved Audience :

NASBA Registry - 324

Keywords : Management Advisory Services, To, Franchise, Or, Not, To, Franchise, cpe, cpa, online course
Learning Objectives :

Module 1
The Franchising Business Model

After finishing the module, you will know:
    • What a franchise is.
    • What a brand is.
    • Forms of franchising.
    • Advantages of buying a franchise.
    • Disadvantages of buying a franchise.
    • Types of franchises.
    • Having multiple locations of franchises.

Module 2
A Look at the Business Behind the Franchise Model

You will learn the following in this training module:
    • How to assess your net worth.
    • How to select a franchise.
    • What the UFOC disclosure document is.
    • What the components of a business plan are.
    • What the components of a balance sheet are.
    • What break even analysis means.

Module 3
What’s Next?

You will learn the following in this training module:
    • The emotional phases of owning a franchise.
    • The definition of attrition.
    • Example of bad branding experience.
Course Contents :

Module 1: The Franchising Business Model

What is a franchise?

What’s a brand?

How franchises do it

Forms of Franchising

Should You Buy a Franchise?

Advantages of Buying a Franchise

Disadvantages of Buying a Franchise

Types of Franchises

Multiple Locations

Activity 1

Review Questions

Module 2: A Look at the Business Behind the Franchise Model

Show Me the Money

Selecting a Franchise

The Legal Stuff

Writing It Down – The Business Plan

Executive Summary

Mission Statement

Overview

Industry and marketing analysis

Financial Statements

The Balance Sheet

The Breakeven Analysis

A Final Word on Business Plans

Activity 2

Module 3: What’s Next?

The Emotional Phases

The Employee Puzzle

Back Where We Started

Review Questions

Management Advisory Services Course 324 Home: https://www.cpethink.com/practice-management-cpa-courses
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