Jake wants to open a Subway franchise in his small town. To do this, he must pay the company a ________ fee.

Name: Jake wants to open a Subway franchise in his small town. To do this, he must pay the company a ________ fee.
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Question

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When opening a franchise, the franchisee typically pays the franchisor a regular fee known as a royalty fee. This fee is typically a percentage of the franchisee's gross sales and is a way for the franchisor to earn ongoing revenue from the use of its brand and operating system.

Jake Wants to Open a Subway Franchise in His Small