Tag «Franchise Fees»

How Essential Are Royalty Fees for a Franchisor?

How Essential Are Royalty Fees for a Franchisor

The royalty fee is an ongoing payment that a franchisee pays to the franchisor. The terms of the payment are usually determined in the contract between the two parties; however, it is common for the royalty fees to be paid weekly, monthly or quarterly and is typically a percentage of the gross sales earned by …