That's the largest of the federal retirement funds that run a surplus. That makes the deficit smaller than what's added to the debt. For example, President Bush's stated budget deficits totaled $3.294 trillion. But he added $5.849 trillion to the debt.
The total financial cost of opening a franchise can range between $1.2 million and $2.2 million, depending on location, building size and any updates or upgrades that need to be completed. The initial franchise fee for a Burger King is $50,000, which must be paid prior to the opening date of the location. Once the restaurant opens for business, a monthly royalty fee of 4.5 percent of gross sales is required by the parent company.
The initial franchise fee is a wee $2,900, though the 20% royalty rate is stiffer than a pool cue. The home of the Slurpee came in at No. 3. New 7-Eleven franchisees have to pay a $31,000 initial fee, but thatâs a relatively small nut compared with other national brands.hatâs the lure of franchising. âMany people donât have the stomach to be an entrepreneur,â says Robert Bond, publisher of Bondâs Franchising Guides and chief executive of the World Franchising Network (WFN), a franchise database. âFranchising isnât doing it completely on your own.