The topic of financials is an area of misconception that surround franchising and continues to confuse people. Let's cover some background information and understand what financials are needed when franchising a business. To start, remember that franchising is a completely … [Read more...]
Franchise Fees and Royalties Made Easy
One of the most common questions asked by those who are interested in franchising is "What is the difference between a franchise fee and royalties?". These two terms can be confusing so lets explore the franchise fee first. The franchise fee is a one-time fee that is … [Read more...]
