Are you searching for a fast and simple way to change fee in Franchise Agreement? Your search is over - DocHub gets the job done fast, without any complicated application. You can use it on your mobile phone and PC, or internet browser to edit Franchise Agreement at any time and anywhere. Our versatile toolset contains everything from basic and advanced editing to annotating and includes security measures for individuals and small companies. We provide tutorials and guides that assist you in getting your business up and running without delay. Working with DocHub is as easy as this.
Easy, right? Better still, you don't need to be concerned about information protection. DocHub provides quite a number of tools that help you keep your sensitive data risk-free – encrypted folders, dual-factor authentication, and more. Take advantage of the bliss of reaching your document management objectives with our professional and industry-compliant solution, and kiss inefficiency goodbye. Give DocHub a try right now!
[Music] good afternoon my name is jeff thompson im a senior partner in the law firm of the franchise and business law group ive been practicing franchise law for more than 35 years today im going to talk to you about the fees that you have to establish as a franchisor were going to look at your initial fee were going to look at the royalty you will charge and well look at your advertising fee and then a category called other fees looking first at the initial fee the initial fee is important but it isnt designed for you to make money on it isnt a profit center what youre trying to do is set the initial fee to cover your costs and those costs involve the professional fees of the attorney and the accountant itll cover your marketing costs putting together the materials and websites related to it and it will also cover your travel and your own salary or the cost for you to get that franchise sold you want all of those costs covered but youre not trying to make a profit out of th
