CTE Task: Franchise Business Models
In this task, students will examine franchising business models by creating a franchise profile and interviewing a local franchise owner.
- Career Cluster: Finance
- Program of Study: Accounting
- Course name(s): Accounting II
- Main topic: Franchise business models
Accounting II, Standard 11: Explore the business model used by franchised companies. Compare and contrast depictions of the process used by companies to expand into a franchising business and the process used by franchisees to buy into the franchise. Analyze the financial obligations associated with franchised businesses for both the franchisor and franchisee.