Starting a Franchise Business
Magdalena: Thanks for meeting with me today. I’ve read through the materials your company sent me, but I still have some questions about opening a Franchise.
Phil: That’s what I’m here for. What questions can I answer for you?
Magdalena: Well, I’m familiar with the Franchise fee, but are there Recurring fees not listed in these materials?
Phil: That’s a good question. In addition to the annual franchise fee and the monthly Royalties, we also charge a training fee and an advertising fee. Here’s a list of these and other fees.
Magdalena: Oh, that’s very useful, thanks. I was also wondering what kinds of Quality controls the franchises Are subject to.
Phil: As you know, when you start a franchise, you are buying into a Proven formula for success.
Magdalena: What if I have problems along the way? What kind of support does the corporate office provide?
Phil: We give our franchises as much support as possible. After all, it’s In our own best interest that you succeed. We provide Troubleshooting and training for your management and employees.
Magdalena: I think those are all of the questions I have right now. I really appreciate your time. If I have other questions in the future, can I contact you?
Phil: Certainly. Here’s my card. I’d be happy to answer any questions you may have. Just give me a ring.
Magdalena: Thanks, I’ll do that.
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