Franchise Fees

What is the purpose of a franchise fee? Paying the upfront franchise fee unlocks the door to the franchisors’ proprietary business systems and more. You get the complete setup. The franchise fee is literally a license to own and operate the franchise business. That’s why you must pay it. Read more on www.sba.gov Franchising is … Read more

What percentage do franchises take? The average or typical starting royalty percentage in a franchise is 5 to 6 percent of volume, but these fees can range from a small fraction of 1 to 50 percent or more of revenue, depending on the franchise and industry. A fixed sum royalty fee. Read more on www.forbes.com … Read more