Do You Have What It Takes To Make Franchise Millions?

The franchise business model can offer a good living, but it takes a particular type of person, and one who understands the business commitment before jumping in. Take this quiz to see if you've got what it takes to run a successful franchise.

CNBC
Created by CNBC (User Generated Content*)User Generated Content is not posted by anyone affiliated with, or on behalf of, Playbuzz.com.
On May 11, 2016
1 / 10

How many years does it typically require from launch date for most franchisees to build a successful, established business?

2 / 10

How many hours on average do franchisees work during a new franchise business start-up phase?

3 / 10

True or false: Most franchisees do not have enough time for vacation in the first few years of launching a franchise business.

4 / 10

Is the average income of franchise owners in the United States above or below $100,000?

5 / 10

How many years' worth of living expenses should you put aside prior to investing in a franchise?

6 / 10

True or false: “Followers” should not get into the franchise business; it’s a “take-no-prisoners leader” niche.

7 / 10

How many years of financial statements should be modeled by anyone interested in a franchise license before pursuing it?

8 / 10

True or false: You can purchase a franchise for less than $500.

9 / 10

Which franchise sector has the highest return on investment: food, education, senior/home care or business services?

10 / 10

Which of these franchise sectors has the highest average annual income?

10
Questions left
These are 10 of the World CRAZIEST Ice Cream Flavors
Created by Tal Garner
On Nov 18, 2021