Back in 2012, when Elissa Glickman first took the role of chief executive for Glendale Arts â the nonprofit that manages the Alex Theatre on behalf of the city of Glendale â the state dissolved the cityâs Redevelopment Agency, and with it, an annual $415,000 for the venue. The following year, a...
The answer to this question is not so simple because every franchise has its own financial requirements, so the costs to start a franchise are different for every franchise company. In most cases, you will be required to pay a franchise fee, all build-out costs for your location (including furniture, fixtures, and equipment), professional fees, contractor fees, signage, and inventory.
Franchise Fees. The costs of starting and operating a franchise vary widely. Some offer initial fees of less that $15,000 for a home based franchise to as high as $500,000 to just get off the ground.So, typical franchise fees that are paid to the franchisor at the start of the business and on a continuing basis are usually only these three:1  Initial Franchise Fee â As mentioned above, the initial franchise fee is the first one out of the gate. 2  This is payment for the right to use the franchisorâs business model. Advertising Fees â Advertising fees may be charged from the franchisor. 2  These fees may be used in a pool to conduct a national or regional sales and marketing campaign. 3  Sometimes, part of the funds are used to advertise specifically for the franchisor to draw in more who will purchase a franchise.