A franchisee ordinarily pays an initial fee or lump sum price for a fran?chise license.

Name: A franchisee ordinarily pays an initial fee or lump sum price for a fran?chise license.
Brand: Quizplus
Rating: 4.8 (52 reviews)

Question

Quizplus · Accepted Answer

Franchisees usually pay an initial fee or lump sum price to obtain a franchise license. This fee grants them the right to use the franchisor's trademarks, business system, and other intellectual property, as well as ongoing support and assistance.

A Franchisee Ordinarily Pays an Initial Fee or Lump Sum