The ongoing payments that franchisees pay to franchisors--which is usually a percentage of gross sales--is known as a/an ______.

Name: The ongoing payments that franchisees pay to franchisors--which is usually a percentage of gross sales--is known as a/an ______.
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Royalty fees are ongoing payments that franchisees make to franchisors, typically a percentage of the franchisee's gross sales, for the ongoing support and the right to use the franchisor's brand and system.

The Ongoing Payments That Franchisees Pay to Franchisors--Which Is Usually