Franchising is a great option for many would be entrepreneurs. It is important, however, to be well informed before jumping in. The Internet holds a wealth of information for franchisees.
Your assignment is to find a business you are interested in on the Internet that offers franchises and write a one page report on it.
You can research this report with a specific company search or a more general search for franchised companies. Entrepreneur magazine is a great place to start. Find out as much information as you can about the franchise process for a specific company. Are there franchises available? What is the initial investment needed for the franchise you are looking at? What is the royalty fee? Do they offer area or master franchise agreements? What type of marketing does the Franchisor do? How much pre-opening work does the franchisor help with? And so on.