How Do I Make Money Franchising My Business?

Your business is ready to grow and you believe it is time to step it up a notch. Maybe it is time to think about franchising your business as a growth strategy rather than investing more money in opening additional locations or starting additional businesses. As a business owner, you understand how to make money; revenues…

What are the Average Franchise Royalty Fees? Are They Always 5%?

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 Do I Get Out of Franchising My Business?

Each day you pour your heart and soul into your business. You work hard to be the best, providing superior service and great products resulting in happy, loyal customers and/or clients. If you are like most business owners, the payoff for all your sweat equity is not just simply in revenues, but in the flow…

What a Franchisee Gets for Their Royalty Payments

Many people realize that owning and operating a franchise is one of the easiest ways to become a successful business owner. As a franchisor, you will collect a one-time franchise fee. This franchise fee is intended to reimburse you for getting your new franchisee trained, setup and running their business (more on the franchise fee). In…

The Differences Between Franchise Fee and Total Investment

Often times, 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; help…

Understanding Franchise Fees and Royalty Fees

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. The franchise fee is a one-time fee that is paid directly to…