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Knowing When to Expand to a Second Location

You’ve done the hard part—you’ve taken an idea and made it a reality by forming a business and cultivating a dedicated and growing customer base. You’ve literally beaten the odds stacked against you and you’ve generated revenue. So much so, in fact, that you’ve got your eyes set not internally to your current location,

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Handling and Automating Your Royalty Fees

Royalties make the franchising world go round.   Royalties help pay for the corporate support structure designed to rally around your franchise and ensures all parties walk away profitable.  Your royalty fees may be a flat fee, a percentage of gross revenue, or both, but in any case, handling the smooth

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