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A Franchise is a business in which “…


A Franchise is a business in which “… Common to all franchise programs, the franchisee[ you] is responsible to pay the franchisor, advertising fees, initial fees, service fees, and or royalty fees. ? Why? Other programs are less restrictive and allow for the usage of both a trade name in addition to the franchisor’s brand name. I’ve heard the saying, “if you buy a McDonald’s, be prepared to eat burger’s for breakfast lunch and dinner.” In other words, your business requires commitment. ? Area Development Franchising In accordance with a “development schedule”, the franchisee agrees [...]
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