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If you purchase a franchise, you get to keep all of the profits you make. true or false?

If you purchase a franchise, you get to keep all of the profits you make. true or false?
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5 votes
If you purchase a franchise, you get to keep all of the profits you make. true or false?

User Freek De Bruijn
by
7.6k points

2 Answers

7 votes
False
Explanation:
Tax on profits you make is deducted form your profits and also the cost of the merchandise also deducted from your profit. And finally your legal form of business fee is also deducted from your profit. There's probably more...
User Zeusarm
by
7.4k points
4 votes
False, you have to give the government some, and you also have to pay your employees.
User Krypton
by
7.9k points
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