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Franchisors Need Balance Between Adding New Franchises and Building Franchise Sales

By on October 11, 2011 in Franchise Fee

When developing a franchise system, franchisors typically focus a good deal of attention on adding new franchise locations.  New franchisors usually consider the sale of new franchises an important prerequisite for future success. However, In addition to the on-going need to add new franchise locations, franchisors should focus attention on growing individual franchise sales. The [...]

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Coffee Franchise – What You Need To Know

By on September 8, 2011 in Franchise Fee

Buying a coffee franchise can be a very fun and fulfilling experience, but before you put your John Hancock anywhere and start serving hot cups of ‘joe’, there’s a few critical things you need to consider so you can make the right decision. You could end up making a big mistake by buying a coffee [...]

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What Kind of Investment is required to buy a Franchise?

By on August 3, 2011 in Franchise Fee

When considering whether purchasing a franchise is right for you or not, it’s important to keep in mind the financial investment required to get a new franchise off the ground, along with its recurring operational costs.  But how much will that be? Here’s a basic outline of expenses to take into account: The franchise fee: [...]

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Different Franchise Fees For Different Franchises

By on May 20, 2011 in Franchise Fee

Ken Hollowell Explains the Franchise FeeFranchisers charge a concrete fee to franchise owners to cover the first startup costs and to maintain grown within the company. Depending on the company and the type of franchise you own, the franchise charges can change from business to business. While a franchise payment is important in allowing the [...]

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Initial Franchise Fee: The 4 Elements Crucial To Your Success

By on May 15, 2011 in Franchise Fee

As candidates progress through the due diligence process of evaluating a specific franchise opportunity, I am often presented with this very common question about one of the costs involved in becoming a franchisee:  “what exactly does the franchise fee cover and how does it benefit me?”  This is a great question that needs to be [...]

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