Why do I have to pay a franchise fee? Question of the Week

By Sharon DietrichSeptember 13, 2012
A franchise fee is the initial payment you make when you sign the franchise agreement. It is the cost of joining the system, and it usually is a fairly large flat fee. The franchise agreement will spell out the specifics of exactly what you receive for your franchise fee. Most will provide: [caption id="attachment_1255" align="alignright" width="300"]franchise question Franchise Question of the Week[/caption]
  • The right to use the trademark and operating systems
  • Services to help with location, demographics and architecture
  • Operation Manual
  • Training and continued support
  • Computer Software
  • Sources to get good pricing on equipment and supplies
Yes the franchise fee can seem steep, but starting your own business is difficult and time consuming. A franchise takes a lot of the initial questions and problems off of your shoulders. It allows you to get into business quickly and effectively. Make sure you have a good franchise lawyer to read your agreements to ensure your success. Good luck! Search for franchise opportunities to buy at www.Franchise.com today.

About the Author - Sharon Dietrich

Sharon Dietrich is Director of Sales and has been with the company for fifteen years.
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