The Best Hatchways For The Franchisor To Make Money
Franchising is considered as the best way to earn money and expand the business. The main motive of this business model is to give a license to someone willing to expand your business under the same brand name in some different places. In this way, the main owner or you can say the U.S. Based Franchisor will have the main authority to execute the whole operation. The franchisees will replicate the business model in the location for which he has obtained a permit. Here are many opportunities for the U.S. Based Franchisor to earn money other than the profit from the main business. If you are new in this avenue, then take a look at these secrets that will increase the scope of your profit. 1. Initial Franchise Fees: While buying the license from the U.S. Based Franchisor, the franchisees have to pay a lump sum amount to them. By this initial fee, they get the approval to operate the system, use the trademark and brand name. Most of the time, these initial fees include many things