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1. How can you identify a business you would like to own? What characteristics do you have that would help make that business successful?

2. What are some characteristics you should consider in studying the potential market for a proposed business?

3.

a. What are some reasons for and against starting a new business?

b. What are some reasons for and against buying an existing business?

c. What are some reasons for and against buying a franchise?

4. Describe why franchising is growing in importance.

5. Knowing what you do now, do you wish you would have picked a different company for your class project? Does your company match your special skills or abilities?

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