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The Complete Guide to Franchises

AllBusiness.com

In return, the franchisee pays an initial franchise fee and ongoing royalties. Today, franchises span dozens of industries and range from small home-based opportunities to global fast-food giants. These fees fund continued access to systems, support, and brand resources.

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5 Questions to Ask Before Diving Into Franchise Ownership

AllBusiness.com

There are also many with startup costs that are far beyond this range, especially those of well-known brands including fast-food chains and retail stores. Understanding how much your initial investment will be and the associated fees will help you to narrow down the industries and brands you are considering.