In establishing a franchise, consider the initial setup cost, one-time franchise fees for brand rights, and ongoing royalties for sustained support and growth.
Initial investment covering expenses like leasehold improvements, equipment, and inventory required to establish the franchise.
One-time payment to the franchisor for the right to operate under the established brand, including initial training and ongoing support.
Ongoing percentage of franchisee revenue paid to the franchisor for continued brand use, support, and access to resources.
Incentive-based reward system linked to franchisee achievements, encouraging excellence in sales, customer satisfaction, or other predefined performance metrics
Initial investment covering expenses like leasehold improvements, equipment, and inventory required to establish the franchise.
One-time payment to the franchisor for the right to operate under the established brand, including initial training and ongoing support.
Build and manage a motivated and skilled workforce through recruitment, training, and HR services.