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Veronika [31]
2 years ago
7

I want to know about starting my own business or franchise can you help me get started thsnk you. Dennisomalley

Business
1 answer:
Harrizon [31]2 years ago
5 0

A franchise business can be started with purchasing a franchise rights, these rights are usually sold by chain businesses however there are some small businesses who also provide franchise.

<h3 /><h3>What is a Franchise?</h3>

A franchise is a legal right to run the operations of a business under the same name, however there are some factors that needs to be maintained these factors are mentioned in the agreement and must be met by the franchisee at all times.

In return for the franchise there is a lump sum payment which entitles the acquirer/ franchisee for the use of legal name of that business, also these rights are for a certain number of years.

For the duration of the franchise agreement the franchise owner is responsible for all the advertisement expenditure.

When starting a new business it is recommended that a franchise is acquired if they have no past experience of the business.

Learn more about Franchise at brainly.com/question/27158354

#SPJ1

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The Perez Lumber Company sells boards in a perfectly competitive market. The current marginal cost of boards at the current outp
mafiozo [28]

Answer:

c. decrease monthly output to 200 board feet.

Explanation:

If the firm wants to maximize profit it should decrease monthly output to 200 board feet demand by doing so , vital rate  will ultimately increase the cost of the product and shift them to the profit. The correct answer is C.

7 0
3 years ago
Ratios that measure the income or operating success of a company for a given period of time are.
RideAnS [48]
A solvency ratio. It measures the income or operates success of an enterprise for a given period of time.
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2 years ago
How much cash will an investor have to pay on a property where the bank is providing a loan at 75% LTV, on a purchase price of $
daser333 [38]

Answer:$1,837,500

Explanation:The LTV (Loan-to-value) ratio refers to the value signifying the difference between what is owed on a mortgage and the original mortgage value.

LTV = 75%

LTV = 0.75

Purchase price = $5,550,000

Bank will provide a loan to fund the mortgage at 75% LTV

Therefore,

Mortgage at 75% LTV equals 0.75*$5,550,000 = $4,162,500.

Therefore, The investor will pay the balance on the purchase price and the closing balance.

Closing costs = $450,000

Balance on purchase price equals

$5,550,000 - $4,162,500 = $1,387,500

Total= balance + closing costs

Total = $1,387,500 + $450,000=$1,837,500

5 0
3 years ago
In the theory of deregulation economics, cutting taxes allows people to save more money. Banks then loan that money to businesse
telo118 [61]
True

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3 0
3 years ago
Cumberland Co. sells $2,000 of inventory to Hancock Co. for cash. Cumberland paid $1,250 for the merchandise. Under a perpetual
mafiozo [28]

Answer:

Cash (Debit)                                    $2,000

         Sales (Credit)                                         $2,000

Cost of Merchandise Sold (Debit)   $1,250

         Merchandise Inventory (Credit)             $1,250

Explanation:

Cash (Debit): Cash increase because it is a Cash Sale, cash increases by debit.

     

Sales (Credit):  to register the sale, Sales(income) increases by credit .

Cost of Merchandise Sold (Debit): to record the cost of the merchandise sold, the costs increase by debit.      

Merchandise Inventory (Credit): to record the inventory output of the merchandise sold, inventory decreases by credit.

4 0
3 years ago
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