bobbyxii1119 bobbyxii1119
  • 29-03-2019
  • Business
contestada

Is it true or false that once all franchis is paid for all profit goes to the entrepreneur

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MrsSeifried MrsSeifried
  • 29-03-2019

This statement is false.

When an entrepreneur buys into a franchise they will always have franchise fees, even after their intial investment is paid for. The additional fees that they always pay include charges for things like marketing and royalties. These fees are normally based on a percentage of a business’s sales.

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