Ask Question
13 October, 22:21

Is it true or false that once all franchis is paid for all profit goes to the entrepreneur

+3
Answers (1)
  1. 13 October, 22:25
    0
    This statement is false.

    When an entrepreneur buys into a franchise they will always have franchise fees, even after their intial investment is paid for. The additional fees that they always pay include charges for things like marketing and royalties. These fees are normally based on a percentage of a business's sales.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Is it true or false that once all franchis is paid for all profit goes to the entrepreneur ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers