Formula for doing business along with training

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Clark Jensen recently opened a Planet Smoothie franchise. So far, he is very satisfied with Planet Smoothie because in exchange for an initial franchise fee and an ongoing royalty payment, Planet Smoothie has provided Clark a formula for doing business along with training, advertising, and other forms of assistance. Clark purchased a ________ franchise.

  • business extension
  • formula driven
  • sales extension
  • business format
  • product and trademark

 

Reference no: EM131249071

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