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How to Start a Franchise BusinessMost entrepreneurs begin with a blank page. Franchise owners begin with a manual. That distinction explains much of franchising's enduring appeal. Building a business from scratch requires thousands of decisions. What should the brand look like? Which suppliers should you trust? How should employees be trained? What pricing model works best? Which marketing channels deserve attention? The...0 Comments 0 Shares 33 Views 0 Reviews
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What Is a Franchise Fee?Every business opportunity has an admission price. Sometimes it's obvious. A storefront lease. Inventory. Equipment. Staff. Sometimes it's hidden behind a more abstract question: What exactly am I paying for? That question surfaces almost immediately when prospective franchise owners encounter the franchise fee. They see a figure—$20,000, $40,000, perhaps $75,000—and wonder...0 Comments 0 Shares 91 Views 0 Reviews