How to Structure a Franchise

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…

How the Cost of a Franchise is Determined

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…

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…