Author Question: Preparing a financial package by a franchisee is meant to assist in the generation of equity ... (Read 27 times)

rmenurse · **on:** Jun 29, 2018

Preparing a financial package by a franchisee is meant to assist in the generation of equity investment or debt backing for the startup and operation of the business venture. When preparing the financial package for presentation, the first parties to consider when writing the financial package should be:
a. the franchisor
b. other franchisees of the same franchise system
c. the area developer or Director of Franchising for the franchise system
d. the local bank, loan office or investor to understand the operations, functions and potential profitability of the franchise.

Question 2

The direct costs of a service are shared by several services and are not directly linked to each unit of sale.

Indicate whether the statement is true or false

yifu223 · **Reply #1 on:** Jun 29, 2018

Answer to Question 1

D. The financial package is written to the primary reader---the bank, loan office or potential investors.

Answer to Question 2

F