Silvar,a chain of automotive showrooms,charges its franchisees approximately four percent of new sales and puts this money in a special fund to pay for advertising and promotion.In this instance,the franchisees are paying ________ fees.

Question

Quizplus · Accepted Answer

Assessment fees are charges imposed on franchisees for specific purposes such as advertising and promotion, training, or research and development. These fees are usually a percentage of the franchisee's sales or purchases and are designed to help support and grow the franchise network as a whole.

Silvar,a Chain of Automotive Showrooms,charges Its Franchisees Approximately Four Percent