During vegetative growth, you might leave the lights on 24/7, but when the plants have matured enough, youâll want to switch them to a 12/12 light to darkness ratio. That means, the lights stay on for 12 hours and they go off for 12 hours straight.
Cost to Start a Dollar Store Franchise. Initial startup costs begin at about $25,000 to $50,000 and range up to $300,000 or more. That covers most everything youâll need to get started, including inventory, the initial lease, fixtures, signs, office equipment and grand opening advertisement.
To take the McDonaldâs example further, the estimated total amount of money it costs to start a McDonaldâs franchise ranges from $500,000 to $1.6 million. Franchises, by definition, have ongoing costs to the franchiser company in the form of a percentage of sales or revenue. This percentage can range from 4 â 8%. Other disadvantages include lack of territory control or creativity with your own business, as well as a notable dearth of financing options from the franchiser.