Search Results for: total investment
The Differences Between Franchise Fee and Total Investment
July 30, 2009 by
Oftentimes, when researching or talking about franchising, it is easy to get confused by the definition of a franchise fee and the franchise total investment. It is not uncommon for there to be a misunderstanding between the term “franchise fee” and “total investment”. In general most people get the two terms confused! Have no fear;…
How to Structure a Franchise
January 31, 2019 by
If you are like most business owners the idea of expanding your business is one of your dreams. Perhaps you have decided your path for expansion is franchising and you wonder how to structure a franchise for your business. You have researched on the internet and realize there are a lot of moving pieces and…
What are the Elements of a Franchise Disclosure Document?
December 29, 2017 by
You are looking to franchise your business and realize you need a Franchise Disclosure Document. Then you ask yourself, “What is the Franchise Disclosure Document and what are the elements of a Franchise Disclosure Document?” Let’s shed some light on these things now. The Federal Trade Commission (FTC) regulates franchising so there is transparency between…
How the Cost of a Franchise is Determined
November 8, 2017 by
When thinking about franchising your business more than likely you have looked at your competition to determine what they are doing and the cost of a franchise with them. Recently we spoke with someone who had done just that. She said, “I am looking at my competitor and see the cost of their franchise is…
How the Franchise Fee is Determined
November 23, 2015 by
No doubt one of the questions you have as you’re looking to franchise your business is, “How is the franchise fee determined?” This is a great question simply because there is a misconception out there about how a franchise fee is determined. So let’s answer this question by exploring what a franchise fee is really…
What is a Franchise Term?
May 18, 2015 by
As we all go through life, there are different opportunities that present themselves and different commitments that we may make. Some opportunities are a quick, short-term deals (like hiring a realtor to sell your house). Others might represent a longer obligation (like a twenty year lease on a commercial property). Just about everything done in…
Can I Franchise a Home Based Business?
May 15, 2015 by
A lot of really great and very successful businesses have started out home based, whether out of a garage or at the kitchen table. And with the advancements in technology, today a business can be operated just about anywhere! In fact you can even franchise a home-based business and there are many advantages in doing…
What are the Average Franchise Royalty Fees? Are They Always 5%?
March 7, 2014 by
As franchise developers our role is to educate business owners like you who want to franchise their business. We are always here to answer questions and one of the most common questions we hear is “I am wanting to franchise my business, is it true that royalty fees are always 5%?” (for answers to more questions…
What is the Major Difference Between Franchising and Licensing?
September 14, 2009 by
We would like to take a minute to answer a very common question often asked: “What is the difference between franchising and licensing?” Bottom line is it boils down to control. It really depends on how much control you want to have over your operators. Traditionally a business owner (like you) wants everybody to operate under…
Understanding Franchise Fees and Royalty Fees
March 22, 2008 by
One of the most common questions asked by business owners (like you) who are interested in franchising is “What is the difference between a franchise fee and franchise royalty fees?”. These two terms can be confusing so let’s explore the franchise fee first. Franchise Fee The franchise fee is a one-time fee that is paid…
What Makes Me More Money, Franchising or Opening Other Locations?
December 9, 2016 by
Perhaps you are thinking about growing your business and you’ve thought, “Do I make more money franchising or opening other locations?”. This is a good question and depends on many variables including how involved you want to be and how many more locations you actually plan to open. Let’s explore this a bit further. Open Few…
You Work Hard Growing Your Business. Maybe It’s Time to Franchise It
May 16, 2010 by
When it comes to franchising your business, a few thoughts come to mind “It is scary, intimidating, expensive and it is not an option for a small business like mine.” I am here to tell you that is simply not the case. Franchising gives you the leverage to expand your business into other markets by…
