2.a. An important part of a good business plan is the development of a SWOT analysis. Outline what a SWOT analysis is. (2 Marks)

4.b. For your business plan with your class group, list and describe 2 factors for each quadrant of the SWOT analysis. (8 Marks)

5. a. You are purchasing an franchise business. Outline and describe three (3) points in the franchise purchase agreement. Which one is most important to you and your partners if you were purchasing a franchise? (7 Marks)

5.b. Discuss several challenges that franchisee entrepreneurs encounter when dealing with franchisors? (3 Marks).