A franchise is a specific license that a franchisee can acquire that in turn allows the owner to have access to the franchisor’s proprietary knowledge, processes and trademarks in order to allow the party to sell a product or provide a service under the business’s name. FranNet’s franchise experts know how to spot the best […]
In this week’s edition of FranNet’s weekly blog, we tackle the subject of royalty payments for franchisees. Royalty payments are a typical obligation in which franchisees pay the franchisor a set percentage or flat rate fee each month generally. This income allows the franchisor to collect payments from all franchisees and strengthens the overall business […]
I realized something as I work with franchise clients and I explain the FranNet research process. Looking for a new franchise business is very much like hunting for your first home.