What are the costs involved in franchising?

What are the initial costs I should expect when starting a franchise?

Initial costs can include franchise fees, equipment, inventory, and real estate. Typically, these can range from $10,000 to over $100,000.

Are there ongoing fees I need to pay after the initial investment?

Yes, most franchises require ongoing royalty fees, which are usually a percentage of your sales, and sometimes marketing fees.

What about additional costs like training or support?

Training costs can vary, but many franchises include them in the initial fee. Ongoing support may also have associated costs.

How can I estimate the total investment needed for a franchise?

You can estimate total investment by adding initial costs, ongoing fees, and any additional expenses like marketing and staffing.