Quiz For How We Make Money Training Module

9 Questions | Total Attempts: 217

SettingsSettingsSettings
Please wait...
Logic Quizzes & Trivia

This quiz must be completed prior to accessing the next pre-training module.


Questions and Answers
  • 1. 
    Club Z! franchisees earn the difference between what they charge families for tutoring and what they pay their tutors (plus operational expenses). True or False?
    • A. 

      True

    • B. 

      False

  • 2. 
    Club Z! franchisees typically derive revenue from which of the following source(s):
    • A. 

      Prek-12 academic tutoring using classroom curriculum

    • B. 

      Proprietary curriculum and test prep services

    • C. 

      Registration fees

    • D. 

      All of the above

  • 3. 
    Proprietary and test prep programs have higher profit margins than traditional tutoring. True or false?
    • A. 

      True

    • B. 

      False

  • 4. 
    Club Z! franchisees that offer proprietary curriculum and test prep programs have 100-200% higher revenue than franchisees who do not. True or false?
    • A. 

      True

    • B. 

      False

  • 5. 
    Which of the following is NOT a standard way of increasing revenue in the Club Z! business model:
    • A. 

      Add more clients

    • B. 

      Increase the number of hours of tutoring per student per month

    • C. 

      Sell Club Z!'s proprietary curriculum & test prep programs

    • D. 

      Sell memberships

  • 6. 
    The target gross profit margin for a Club Z! franchisee in its first year of business is:
    • A. 

      44-48%

    • B. 

      25-35%

    • C. 

      15-30%

    • D. 

      18-36%

  • 7. 
    The target net profit margin for a Club Z! franchisee in its first year of business is:
    • A. 

      44-48%

    • B. 

      25-35%

    • C. 

      15-30%

    • D. 

      18-36%

  • 8. 
    Tutor expense should be no more than 45% of what you charge your families for tutoring. True or false?
    • A. 

      True

    • B. 

      False

  • 9. 
    Registration fees for new franchisees typically fall within what range?
    • A. 

      $10-20

    • B. 

      $25-50

    • C. 

      $50-75

    • D. 

      Club Z! franchisees do not charge a registration fee

Back to Top Back to top