Do you want to find out how franchise investments work? If so, this article is for you! Here are 3 points that will help you understand franchise investments:
1. Franchise fees – The franchise fee can vary depending on the franchise, and it may be paid upfront or monthly. The franchise fee covers the costs of training, marketing, and other expenses incurred by the franchisor in order to start up a new location.
2. Initial investment – This refers to the money that an investor has invested into their franchise which goes towards making improvements like building or renovating a space as well as buying equipment.
3. Royalty rates – This refers to what percentage of your sales go back to your franchisor. This is a common franchise fee.
These three points help you understand franchise investments and what to expect when investing in one of these businesses!
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