There is underlying concept when a small business owner considers a franchise operation. He needs to be clear in his understanding, this is a business partnership. You must accept the relationship format and realize the exchange of information/help for financial payment over time.
The primary reason for the franchise arrangement is the increased net profit for the franchisee in using the franchiser’s name, logo, brand, or trademark. The franchiser charges an upfront fee called a Franchise Fee, monthly […]