Tag

Franchise Royalties
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How Are Franchise Royalty Fees Calculated?

When you franchise a business, you’re offering many different services to your franchisees to help them get off the ground, like your recognizable brand name and business strategies. Of course, these resources have a cost, and royalty fees represent one of the ways that franchisees pay for those resources. Determining how you’ll charge these fees will play a significant role in your earnings from franchisees.

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Franchise Royalties – Pulse Survey Results 2023

Written by Keith Gerson, CFE – President of Gerson Advisory Services

On June 28th, 2023, I had the pleasure of hosting on behalf of FranConnect a webinar entitled “Franchise Royalties Unleashed: Tools and Tactics for Growth”. During the session, I conducted a pulse survey consisting of questions on royalty management, trends, and rate structures.

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Streamline Your Franchise Royalties and Fees with a Technology Solution

Managing your franchise’s royalties and fees can be a daunting task. With individual payment processes, manual calculations, and likely multiple currencies to consider, it’s easy to see why this process often leaves franchisors overwhelmed. But there is an alternative. A technology solution can streamline the entire process of managing franchise royalties and fees to make it easier for franchisors. Let’s explore why a technology solution is worth considering for your franchise.

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Enhancements to Royalty Manager: Compute Royalties & Improve Profitability

Do you struggle with calculating consistent, error-free royalty collection for non-financial categories? Furthermore, do your franchisees challenge every invoice because they lack transparency?

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