Business franchise - Study guides, Class notes & Summaries

Five Guys Manager Training Questions And Answers With Verified Solutions when did this first five guys location open ANS 1986 what was the location of the first five guys ANS Arlington, VA what happened between ANS five guys opened fie locations around the DC metro area, perfects their business, and starts to build a cult like following what happened in 2002 ANS five guys expanded from just the DC metro area to franchises in Virginia and Maryland what happened in 2003 ANS five...

Sole Proprietorship - Answer-Simplest business form; owner is the business. Owner reports business income on personal income tax return and is legally responsible for all debts and obligations incurred by the business. 2/3 of all U.S. businesses are formed in this way. Sole Proprietorship Advantages - Answer-•Owner receives all profits; pays only personal taxes •Easy to create; less costly •Flexible decision making Sole Proprietorship Disadvantages - Answer-•Owner responsible for a...

BLAW 3391 TTU Exam 2 Questions And Answers (Verified And Updated) Sole Proprietorship Simplest business form; owner is the business. Owner reports business income on personal income tax return and is legally responsible for all debts and obligations incurred by the business. 2/3 of all U.S. businesses are formed in this way. Sole Proprietorship Advantages •Owner receives all profits; pays only personal taxes •Easy to create; less costly •Flexible decision making Sole Proprie...

Test Bank for Building Your Dream: A Guide to Starting Your Own Business 12e 12th Edition by Walter R. Good, Martin Croteau, Robin Yap, Marc Ford. Full Chapters test bank are included - Stage 1 to 10 (Complete with answers) STAGE 1: Assessing Your Entrepreneurial Potential STAGE 2: Defining Your Business Idea STAGE 3: Market and Technical Feasibility STAGE 4: Financial Viability STAGE 5: Business Plans STAGE 6: Financing Your Business STAGE 7: Legal Considerations STAGE 8: Marketing S...

Chapter 3 The Balance Sheet and Financial Disclosures True/False Questions 1. The balance sheet reports a company's financial position at a point in time. Answer: True Level of Learning: 1 Easy Learning Objective: 03-01 Topic Area: Balance sheet–Usefulness-Limits-Elements Blooms: Remember AACSB: Reflective thinking AICPA: BB Critical thinking AICPA: FN Measurement 2. A company’s market value is generally less than its book value. Answer: False Level of Learning: 1 Easy Learning...

MNE2601 Assignment 4 (DETAILED ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED Answers, guidelines, workings and references .................... 1. Draw up an industry and market feasibility for your chosen business/envisaged business. You need to include the following in your answer. Use section 3.3 in your prescribed textbook as your guideline. • Type of industry - 1 mark • Why it is attractive - 1 mark • Nature of competition - 3marks • Profitability of the industry - 10 marks ...

Who are the founders of Blaze? - Rick and Elise Wetzel Who is our Executive Chef? - Brad Kent When did the first Blaze Pizza open? The second? - The first opened in August of 2012 in Irvine, California The second opened in October of 2012 in Pasadena, California What is Blaze "all about"? - Individuality, Quality, Speed, and Fire What is meant by the term "Franchise Concept"? - Corporate sells the rights for restaurants to use their menu and concept. What makes Blaze a Franchise Conc...

BLAW 3391 Pleasant Exam 2 Questions With Verified Answers Entrepreneur One who initiates and assumes the financial risk of a new business enterprise and undertakes to provide or control its management Sole Proprietorship The simplest form of business organization, in which the owner reports business income on his or her personal income tax return and is legally responsible for all debts and obligations incurred by the business. Sole Proprietorship in TX You can establish without fi...

BLAW 3391 Pleasant Exam 2 Questions With Verified Answers One who initiates and assumes the financial risk of a new business enterprise and undertakes to provide or control its management Entrepreneur The simplest form of business organization, in which the owner reports business income on his or her personal income tax return and is legally responsible for all debts and obligations incurred by the business. Sole Proprietorship You can establish without filing any legal documents. ...

. An "artificial being, invisible, intangible, and existing only in contemplation of the law" is the legal definition of a A. corporation. B. franchise. C. partnership. D. sole proprietorship - ANSWER-Corporation. Forming a corporation is like creating an independent entity that will be treated as a person with legal rights, duties, and powers. It can borrow or loan money, buy and sell goods, make contracts, sue or be sued, and perform other business activities. A franchise is a c...