By: A Staff Writer
Updated on: Jul 13, 2024
Buying a franchise isn’t like buying a coffee – there’s more to the price tag…
Upfront Investment: The initial franchise fee to join the club.
Royalties: The Regular Cut: Ongoing percentage of your sales paid to the franchisor.
Advertising Fees: Spreading the Word: Contributions to national and local marketing campaigns.
Don’t Forget… Additional costs like equipment, inventory, rent – franchising is a big investment.
Understand the full financial picture before you fall head over heels for a logo.
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