What is the cost of franchising your business?
How much it will cost you to franchise your business? It is probably one of the main questions you may have about the franchising process.
Franchising is a low cost way of expanding your business. Any business expansion will need funding and investment.
You get a better idea of the cost after completing a feasibility study. This creates an action plan, where we work out who will do the actions required.
The cost depends on what needs to be done and who will do the work.
You command a franchise fee when you sell franchises. So depending on the fee, it is normal for the first couple of franchise sales pay most of the initial franchising investment.
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