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.
Generally speaking there are three types of fees payable by a franchisee under a franchise agreement â initial, ongoing and one off fees. The initial franchise fee (for the grant of the franchise) (refer cooling off period below) is payable on signing of the agreement or after the cooling off period has expired.rant. This is where the franchisor gives you the right to operate your business using the franchisor's system which includes its manual and intellectual property (i.e. brand name and trade marks). It is this grant which is the cornerstone of your agreement with the franchisor.