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5 September, 05:17

Which cost of purchasing a franchise would kot be incured if you strat your own business

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  1. 5 September, 08:40
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    Franchisee fee

    Explanation:

    Franchisee fee is the amount that a potential franchisee pays to the franchisor to be granted a permit to operate the intended franchise business. The franchisee acquires the rights to a franchisor's business name, logo, model, and systems only after paying the franchise fee. The contractual relationship between a franchisee and the franchisor starts with payments of the franchise fee.

    A franchise fee is usually paid before the franchisee can start operating his new business. An individual who opts to start their business will not be required to pay the franchise fee. The fee is only applicable to the franchise business model.
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