It might go without saying, but owning a franchise doesn’t come cheap. Franchisees aren’t allowed to just buy a retail space, decorate it with a franchise’s branding, serve its products, and tack a sign on the door with the franchise logo. The rights to do any of that comes at a price — a price that’s most commonly referred to as a franchise fee.
Here, we’ll take a closer look at what a franchise fee is, review what it typically covers, see what it usually costs, and go over some caveats and similar charges.
Franchise fees tend to vary
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