A potential franchisee is reviewing the Cookies by Design opportunity. Identify the four key financial requirements (Liquid Capital, Net Worth, Start Up, Initial Franchise Fee) and list the first three steps a candidate must take in 'The Franchise Process' after submitting the initial questionnaire. Additionally, name three of the 'Preferred Development Markets'.
Navigate to 'cookiesbydesign.com' Click on the 'Own Your Own Franchise' link. Scroll down the page to locate the 'Financial Requirements' section. Identify the values for Liquid Capital, Net Worth, Start Up, and Initial Franchise Fee. Locate 'The Franchise Process' section and identify the first three steps after submitting the initial questionnaire. Locate the 'Preferred Development Markets' section and list three of them.
State the Liquid Capital requirement: $100,000. State the Net Worth requirement: $250,000. State the Start Up cost range: $120,000 - $220,000. State the Initial Franchise Fee: $30,000. List the first three steps in 'The Franchise Process' after submitting the questionnaire: 'A Cookies by Design Representative will schedule an introductory call to answer preliminary questions and discuss the steps forward.', 'Receive and review the Cookies by Design Franchise Disclosure Document.', and 'Your Cookies by Design Representative will schedule a follow up call to answer questions and discuss next steps.'. Name at least three of the 'Preferred Development Markets' (e.g., Greater Houston, Nashville, Northern VA / D.C., Raleigh Durham, Salt Lake City, Seattle / Tacoma).