Question

The most important single element for the prospective franchisee to investigate is

Answer 1

The single most important element for the prospective franchisee to investigate is franchisor

The company that permits an individual (acknowledged as the franchisee) to operate their commercial properties.

The franchiser possesses a lot of company, trademark and product, nonetheless provides the franchisee the power to operate a franchisee site, in return for an decided fee. Fast food companies often use  franchise.

A lot of fast food restaurants have possession franchisors that must obey with the company's rules in order to uphold their location and possession within the company.

Order to expand your business, the franchisee should construct several buildings and allow others to provide maintenance and maintenance of buildings so that their franchisees can grow and prosper.

If you want to expand your business then you can look for a franchise to open another location and run it for you.

Cost included

The franchisor usually charges the franchisee a front franchise fee for the rights to do business under the franchise name. In addition, the franchisor typically collects franchisee royalty fees running from the franchisee.

Franchising is a system for expanding a business and distributing goods and services to meet a consumer demand. It is based on a relationship between the brand owner and the local operator in order to extend the established business system efficiently and successfully.

In essence, the business format franchisee is simply a way to deliver goods and services. It is not as many people believe as a product franchisee. Wendy's franchisee is not hamburger; Midas does not have franchisee muffler. What is the business system that each product or service provides to each franchisee. This is the perfect method for the method of delivery of business, name, product, decoration, and franchisee.

The primary reason is that manufacturers, retailers and services often give franchisees to choose, this is only a lack of capital. Franchising allows them to open more locations than corporations, mainly by using the money provided by the franchisee.

Answer 2

The franchiser is the most important element for the prospective franchisee to investigate.

Explanation:

• It is necessary for a franchisee to evaluate a potential franchise opportunity properly.  

• The prospective franchisees need to carefully consider all factors before expanding their business in a particular sector or region.  

• Once the decision to expand has been taken then the next most important aspect for the prospective franchisee to investigate is the franchiser who would represent their company in expanding the business.  

• It is necessary to know all the details regarding the prospective franchiser for the benefit of the company.

Learn more about franchiser

What is a franchiser

https://brainly.in/question/11746367