186k views
2 votes
Jenna plans to invest in a cleaning service franchise called "spare time". at her first interview with the franchisor's selling agent, she learned that the parent company expects royalties of 5%. these are:

User Nimelrian
by
5.2k points

1 Answer

6 votes

Franchise fees- royalties are a portion (usually a percentage) of the profits that are paid to the franchisor.

User ThreeDots
by
5.1k points