unit-8.ppt

8-3 Task 7 Now read Text B for the second time. This time you are required to read quickly to find specific facts and details from the text. Then choose the best answer for each of the following statements. 1. A franchiser ___________. A. pays franchise fees and enjoys a share of the profits and other interests. B. is permitted to use trademark, patent, or equipment, etc. of the business. C. grants others the rights to market his goods and use his brand name and logo. D. grants others the rights to produce, sell or take advantage of his invention. C 8-3 Task 7 2. What is not included in the franchising agreement? A. The invention and patent of new machinery. B. The capital sum, or a royalty the franchiser. C. The terms for trademark user about the production, marketing, sales and the quality of the goods. D. The regulations and control irrelative to the operation of the business. D 8-3 Task 7 3. Which of the following statements is NOT true about the operating system of a franchise? A. It can develop the business in all aspects. B. It can minimize the potential risks for starting a new business. C. It has not been practiced in the market. D. It includes detailed methods relating to management. C 8-2 Task 3 2. What is the most important source of funds for any new business3. To the small business owners, what advantages do the loans from family members have? The most important source of funds for any new business is the owner. Usually, they can structure a favorable repayment schedule, and sometimes they can negotiate an interest rate below current bank rates. 8-2 Task 3 4. Inevitably, where do the small business owners have to borrow money from5. What other sources of funding do the small business owners have? They must at some time borrow from a financial institution. The other sources of funding includes some community groups, state and local agencies, and the Small Business Administration. 8-2 Task 4 Now read Text A for the second time. This time t