Hi,

I have an assignment where I have to pick a franchise that's under 100k. I've picked Effin Egg which is a small franchise with only two locations at the moment. Here are the questions.

1. Find and franchise make sure that it is a franchise and not a company's own business. Use the internet to do your research and
2. Describe what the nature of the franchise is why you have an interest in this franchise
3. What are the growth and business conditions of the franchise?
4. What is the initial franchise fee to gain the rights?
5. What is the net worth that is needed?
6. What does the franchise provide (training, site selection, etc?)
7. What are the fees that a franchisee must pay to the franchise (royal, marketing, etc.?)
8. What is the expected revenue and profit that can be achieved?

The questions that I'm a bit insecure about or don't quite understand is question 3. Can you try to help me out ?