Franchise fee
Encyclopedia
For Cable television franchise fee in the United States see Cable television franchise fee
A franchise fee is a fee that a person pays to operate a franchise
branch of a larger company and enjoy the profits therefrom.
The franchisee must pay a franchise fee, which may become costly. In the USA it may amount to thousands of dollars. In return the franchisee may enjoy the use of the franchisor's system and name for a limited time as well as assistance. Such help includes location assistance for the outlet. The franchisor may provide initial training and an operating manual. Then the franchisor may also advise the franchisee on management, marketing, or personnel.
Cable television franchise fee
A cable television franchise fee in the United States, the stems from a community's basic right to charge for use of the property it owns. The cable television franchise fees represent part of the compensation a community receives in exchange for the cable operator's occupation and the right-of-way...
A franchise fee is a fee that a person pays to operate a franchise
Franchising
Franchising is the practice of using another firm's successful business model. The word 'franchise' is of anglo-French derivation - from franc- meaning free, and is used both as a noun and as a verb....
branch of a larger company and enjoy the profits therefrom.
Scope
By joining a franchise an investor or franchisee is able to run a business under the umbrella of the franchise.The franchisee must pay a franchise fee, which may become costly. In the USA it may amount to thousands of dollars. In return the franchisee may enjoy the use of the franchisor's system and name for a limited time as well as assistance. Such help includes location assistance for the outlet. The franchisor may provide initial training and an operating manual. Then the franchisor may also advise the franchisee on management, marketing, or personnel.