Companies are founded in order to make money. A solid company plan is created by having enough revenue to cover expenses and have extra money left over, even though it may not be the top priority. Purchasing a franchise is a fun choice, but how is a franchise owner compensated? Find out more about franchisee financial benefits, profitability, and royalties.
Your Success Is My Success in Business
A franchise owner is compensated from business profits. After deducting the required expenses from the sales proceeds at your franchise location or locations, whatever money left over becomes profit. Recurring fees typically pay for supplies, insurance, staff wages, rent or lease on a building, and other operating expenses. These expenses will differ based on your company’s size and nature.
