Hidden Franchise Costs That Could Impact Your Profits
What You’ll Learn:
The top hidden expenses that most franchisees don’t anticipate – Real estate, insurance, and supply chain costs.
How real estate and lease agreements can add significant costs – Negotiating better lease terms.
Insurance requirements and compliance costs – Understanding business liability insurance and franchise-specific policies.
Unexpected staffing and hiring costs – Payroll, benefits, and employee turnover expenses.
How local marketing fees differ from national advertising – Ensuring you get a return on your marketing investment.
Strategies for budgeting and avoiding financial surprises – Creating a financial cushion for
unexpected costs.
Hidden Costs of Franchising
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