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OTFit Phase 1 Exam Questions with Correct Answers
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OTFit Phase 1 Exam Questions with Correct Answers
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OTFit Phase 1 Exam Questions with Correct AnswersOTF founded in Correct Answer-2010
How many splats per class is ideal for afterburn affect Correct Answer-
12-20 per class
The "why" behind OTF's purpose? Correct Answer-Help people live
longer more vibrant lives
Branded trifecta Correct Answer-science-backed, technology tracked,
coach inspired
Brand values Correct Answer-passion, integrity, accountability,
innovation, community, opportunity for all
What is a "KPI" Correct Answer-Key Performance Indicator - to
measure success
Average utilization percentage Correct Answer-80%
(workout traffic divided by total number of class x total capacity per
class)
Average closing percentage Correct Answer-60%
(new joins divided by total intro offers)
, Franchisor Correct Answer-person or company that grants a franchise
Franchisee Correct Answer-person or company to whom a franchise is
granted
Franchise Correct Answer-the right or license granted by a company to
an individual or group to market its products or services in a specific
territory
Area Developer Correct Answer-an individual who enters into an
agreement to establish certain number of franchise units over a defined
territory the master franchise
Head coach and sales associates report to Correct Answer-studio
manager
Franchise disclosure agreement (FDD) Correct Answer-document
provided to the franchise detailing all info a/b company they are legally
able to provide
Franchise Agreement (FA) Correct Answer-legal document outlining
franchisee's 10 yr commitment
Franchise secret sauce Correct Answer-people, process, product,
promotions = profit
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