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.
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Answer:
r = 5%
Explanation:
Construction cost 800.000
# of barrels produced 10.000
Price per barrel $4
let the interest rate = r
Equate the net present value = 0
800000 = 10000 x 4/(1 + r) + 40000/(1 + r)2 + .......
800000 = 10000 x 4/r
r = 5%
Answer:
Value of preferred stock will be $140
Explanation:
We have given par value of preferred stock = $100
Dividend rate = 14 %
Discount rate on preferred stock = 12%
Preferred stock dividend 
We have to find the value of preferred stock
Value of preferred stock 
So value of preferred stock will be $140
1) When all the money you make in one paycheck goes only into staying on top of your bills
2) Create a list of mandatory things like electric, water and rent and make sure to "pay yourself first" ~Dave Ramsey
