article thumbnail

How to Franchise Your Business — The Right Way

MSA Worldwide

Several locations in different neighborhoods or areas will give you an indication of whether your business is a single-unit local market phenomenon, or something that has wider consumer appeal. If you set your fees too high, your franchise may not be marketable against the competition, and your franchisees may not be profitable.

article thumbnail

5-YEAR ANNIVERSARY SPECIAL: What if Everything You Know About Franchising is Wrong?—Mike Andes

Big Sky Franchise Team

Mike Andes 4:31 So we don’t charge a royalty, the initial fee can get refunded back to the owner as long as they stay inside the systems for five years, and then the 3F program is a franchise fee forgiveness program If you work as a lawn care technician out in the field for two years you can join the franchise for free.