Time to adopt new technology in franchisee operations? Fortify franchisee training programs? Fund a new marketing strategy? Fee structures function as the bones that sustain franchisor operations; in turn, franchisors’ can offer franchisees various support programs, for example: initial and ongoing training, financing of new unit openings, daily operations assistance, technology implementation, and national brand campaigns. Constructing the most effective fee structure is critical to the anatomy of a franchise business, and it must balance franchisees’ unit profitability with sufficient funding for franchisor support services.
With our comprehensive and advanced understanding of the franchise business model and industry trends, FRANdata uncovers opportunities to modify fees so that funds can be directed where they are needed most without compromising franchisees’ profitability. No single fee structure works for all franchise chains, and which one is most fitting changes over time and across industry. FRANdata is your resident expert of franchise fee analysis.
- Benchmark of client-selected fees and basic
- Analyze fees within context of industry
Contact us to learn how franchise businesses have benefited from FRANdata’s benchmarking services.