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Franchise Owner!

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The initial costs associated with buying a franchise can vary depending on the franchise. Typically, you will need to pay an initial franchise fee, which can start from a few lacs. You may also need to pay for training, equipment, and other startup costs.

The kind of support you will receive from the franchisor can also vary, but many franchises offer training, ongoing support, and marketing and advertising assistance. Some franchisors may also provide assistance with site selection and lease negotiation.

The ongoing royalty fee is a percentage of your sales that you will pay to the franchisor on a regular basis. This fee can vary depending on the franchise, and how it is calculated can also vary.

Many franchises offer training to their franchisees, and in some cases, it may be mandatory. The type and length of training can vary depending on the franchise.

The amount of time it takes to open a franchise location can also vary depending on the franchise. Some franchises have a faster startup process than others.

Whether you are required to purchase supplies or ingredients from the franchisor will depend on the franchise. Some franchises require franchisees to purchase specific supplies or ingredients, while others allow franchisees to purchase from their own suppliers.

The financial performance of the franchise can vary depending on the franchise and your own efforts. The franchisor may be able to provide you with some performance data for existing franchise locations.

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Do you own a property?