I think it will be alright... how are they linked up? In series or in parrallel?
The 7volt motor means it needs that power rating to run, and that implied current to supply that voltage. So basically 7volts maybe enough, but it depends on the resistance of the other components and the architecture of your circuit. A 14volt battery will have a higher current (amps), so you might need a resistor in there to step down the current.
You can actually work out how much voltage is going to be passing through each component. It depends what layout your putting them in series or parrallel. On a parrallel it splits the current equally, in series its an addition I think.
Damn hang on, my little brother does electronics... i'll ask him.
erm, basically what I'm meant to say is, if your fan will run on ~0.65amps, then you can put the electric motor and the fan in parrallel, if it needs more than that, you can put your two batteries in series, and then put the motor and fan in parrallel, that will mean each component gets 1.3amps of current, which is 7.2volts.
So to summarise again, that means that if you setup your circuit so you have your 7volt battery, your switch, then put the motor and the fan in parrallel and link back to the battery, that should be fine... if the fan doesn't work, add another 7volt battery and it should ensure both components get 7 volts. That's the rough answer without knowing what the resistance of both your fan and your motor will be, and the layout of the circuit (then you can hammer out the old V=IR

)
I think that makes sense, if your house burns down its not my fault.