Click on the following links. Please note these will open in a new window.

Video Links

How Franchising Works

Explanation of how franchises are operated and the impact on communities.

LO 5.1: Explain what a franchise is and how it operates.

Advantages and Disadvantages of Franchising

News report discussing the pros and cons of franchising.

LO 5.2: Compare the advantages and disadvantages of franchising.

Tips for Evaluating a Franchise

Listen to a franchise consultant for tips on evaluating a franchise.

LO 5.3: Explain how to evaluate a potential franchise opportunity.

Resources Mentioned in Chapter 5

• International Franchise Association (IFA)
• The Franchise Handbook
• The American Franchisee Association (AFA)
• The American Association of Franchisees and Dealers (AAFD)
• FranNet