Author Question: In relation to franchising advantages, you purchase the use of the company's logo, trademark, and ... (Read 107 times)

karateprodigy

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In relation to franchising advantages, you purchase the use of the company's logo, trademark, and advertising, as well as the physical design, layout, and dcor that ensure ________.
 
  A) Recognition
  B) Consistency
  C) Uniformity
  D) Unity
  E) All of the above

Question 2

What is a business angel? Describe the prototypical business angel. How much money do business angels typically invest in a single company?
 
  What will be an ideal response?


Yixagurpuldink

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Answer to Question 1

A

Answer to Question 2

Business angels are individuals who invest their personal capital directly in startups. The prototypical business angel is about 50 years old, has high income and wealth, is well educated, has succeeded as an entrepreneur, and is interested in the startup process. These investors generally invest between 10,000 and 500,000 in a single company. Business angels are hard to find. They are typically located through referrals, by someone like an attorney or an accountant.



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