1. A Quiz for Small Business Success Instructions Visit the Small Business Administration Web site http://www.sbaonline.sba.gov/BI/quiz.html. Print the Quiz for Small Business Success. Complete the quiz, calculate your score, and apply your score to determine your Business Success Quotient. For each of your responses that was assigned a "1" or "2," think about and write down one reason why you think that the Quiz assigned other responses a higher number. This should help you develop a better understanding about the challenges associated with starting your own small business. 2. Exploring Franchise Opportunities Instructions Visit the Web sites for Subway Restaurants and Quizno's Subs. Explore the franchising opportunities available for each company. Then answer the following questions: Go to Subway Restaurants http://www.subway.com and Quizno's Subs http://www.quiznos.com. Which company has more stores? Suppose you wanted to start your own sandwich shop. Discuss the general advantages of becoming a franchisee as opposed to starting your own business. Based on the information provided on the Subway and Quizno's Web sites, discuss the similarities and differences of each franchising opportunity. Which franchising arrangement would you choose? Offer a brief explanation why.
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2002 McGraw-Hill Higher Education