What is the definition of a Franchise Fee? It is a one-time fee paid to a franchise in order to become a business owner or franchisee in its system.
I like to describe a franchise fee as “tuition.”
Once you
1. Sign the franchise agreement and
2. Pay the franchise fee
CONGRATULATIONS! You are now the owner of a franchise business.
You now have access to training and assistance for the duration of your business.
You have also earned exclusive rights to the area outlined in the franchise agreement unless there is an additional territory fee.
To learn about other costs associated with owning a franchise, call or text me at (706) 736-0579 or use the yellow button to schedule an appointment.
Here’s to your wealth,
