Hi All,
When I started as a franchisee, I was naïve to understand the costs involved with the running of the unit. I did not pay attention to the royalty fee. However, when you consider it as an ongoing expense, it can become a headache if you have not sorted it out. I was fortunate enough to have additional funds with me as working capital to pay for the fee. I know several others who did not have a plan and had to pay it with a heavy heart when they were not making profits. It was disheartening but taught them a great deal. So here is an article that will help you to understand royalty fee.
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