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.
Initial franchise fees. The initial franchise fee covers the cost of training and assistance in setting up the business including recruitment, territory analysis, site identification, stationary, franchisee launch, etc. In addition, there will be an element of recovery of franchise development costs by the franchisor.ngoing fees (Royalty Fees). The ongoing franchise fee is paid on an ongoing basis once the business is up and running. It is based upon a percentage of the âgross revenueâ or sales of the franchisee after deducting GST.