Initial Franchise Fee

The initial franchise fee is the upfront payment a person makes to open a franchise business. It grants the right to use the company's brand, systems, and support for a specified period. This fee helps cover the costs of training, setting up the business, and getting started with the franchisor's established operations. Essentially, it’s a one-time payment that secures your ability to operate under the franchise’s name and benefit from its proven business model.