There’s really only one way (legally) to get access to the super-secret system that a typical franchisor has invested hundreds of thousands of dollars and numerous hours into.
Pay The Franchise Fee.
It’s interesting; just about every time I start discussing “The Franchise Fee” in one of my franchise presentations, my specially-tuned ears pick up someone doing some serious muttering under their breath…
“That’s where those franchise companies make all of their money. It’s crazy. Paying $30,000 to a franchise company….” Blah Blah Blah.
Actually, there’s normally not a lot of profit made from the franchise fees. It’s just one of the many myths that plague franchising.
My friend, Charles Internicola, a franchise attorney in New York, just wrote a post that explains exactly what the Franchise Fee covers. As a prospective franchise owner, it’s crucial for you to know what you’re paying for, and in the case of the Franchise fee, where your money is going.
Don't Go Yet! These Franchise Opportunities Are Worth A Look:
A Smartphone Profit Center
No Employees Needed With This Franchise Business
Make Money Making Stuff Look Like New
A Franchise That Helps Children Thrive
An Opportunity To Make Money Outdoors