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  1. What are the Most Common Franchise Costs and Fees?

    • For those considering investing in a franchise business, you need to understand three main categories of costs. These include: 1) The Franchise Fee:This is the upfront fee charged by franchise companies to gr… See more

    Candidate Financial Requirements

    Most franchisors require that franchise candidates meet certain fiscal requirements. Typically, … See more

    Franchise Business R…
    Franchise Preparation Costs

    A franchise lawyer and a business accountant are two critical partners you’ll need as you embark on your franchise journey. Franchise Attorney:Legally binding franchising … See more

    Franchise Business Review
    Additional Franchise Costs

    In addition to the costs and fees outlined above, there are additional costs that you may need to consider depending on your franchise investment. You can review all costs and f… See more

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  2. Quick Takeaways

    • A franchise fee is what you would owe to the franchisor to take part in running the franchise brand and operating through their system.
    wolfoffranchises.com/franchise-fee/
    In franchising, there are a number of ways you may end up generating revenues from your franchisees, including: An initial franchise fee An ongoing royalty Markups on products sold Advertising fees Territory-based fees (subfranchising, area development, etc.) Contract-based fees (transfer fees, renewal fees, technology fees, etc.)
    www.entrepreneur.com/franchises/franchise-fees-t…
    Franchise royalty fees can range between 4.6% to 12.5%, and differ from one industry to another. For example, royalty fees for business & personnel services franchises tend to be higher than retail & restaurant franchises. Here is a list of royalty fees examples by industry, according to the International Franchise Association.
     
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