The term refers to the total amount made as a result of some activity. It can refer to things such as total profit or total sales.
Initial Franchise Fee
This fee is the initial fee paid by the franchisee for the right to use a business’ brand name and business model, receive funding and other potential services provided by the franchisor.
It is typically paid after a franchise agreement is signed.
This is the initial cost of getting into business that includes the franchise fee, licensing, permits, accounting and solicitors fees.
Franchising multiple locations within a business at one time.
The term refers to the amount left over after all deductions are made. Once the net value is attained, nothing else is subtracted.
A continuing fee paid by the franchisee for the use of a brand and business model.
Shared Profit Split
A franchise business model that splits gross profits between the franchisor and the franchisee.
The traditional franchise model involving only one location.
Corporate headquarters in Bundoora Vic where all functions supporting a franchise operation are housed – e.g. Accounting, payroll, merchandising etc.
A supplier of products or services.