In franchising,royalties are paid by the franchisee to the franchisor.

Name: In franchising,royalties are paid by the franchisee to the franchisor.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Royalties are a common form of ongoing fees that franchisees pay to the franchisor for the right to use the brand, products, and business system. These royalties help the franchisor to continually support and maintain the franchise system, including providing ongoing training, marketing, research, product development, and other support services.

In Franchising,royalties Are Paid by the Franchisee to the Franchisor