If you're going to end up becoming the owner of a franchise business, make sure you remember about the marketing fees that you'll be asked to pay. (Told to pay, actually.) And, make sure that you include them in your projections...

Who Voted for this Story



Comments


Written by HeatherStone
1303 days ago

Hi Joel,

What I wonder about some of these agreements is whether the details are subject to change after you invest. For example, can you find yourself two years in as a franchise owner suddenly being asked to fork over a marketing fee that is larger than the one required when you first came on board? That particular issue would worry me the most when thinking about investing in any opportunity.



Log in to comment or register here.

Give millennials a reason to stay - The benefits that can help you retain young talent

Job-changing is fast and furious in the early years of millennials’ careers: Young adults born in the early ‘80s …
Subscribe

BizSugar "Contributor" Found Partner Online

Meet our most recent BizSugar "Contributor of the Week" on Facebook Jim Armstrong of Get Busy Media. Jim not only runs … More
Editor's Picks


Post your small business video to BizSugar today!
Did you know you can now post video on BizSugar?
Have you tried BizSugar's new video posting feature?
It's time to up your game with video on BizSugar!