Accounting for initial franchise fees is a pivotal area in franchise accounting as it directly impacts the franchisor’s earnings and cash flows. The initial franchise fee is a major component of a ...
Forbes contributors publish independent expert analyses and insights. Melissa Houston covers financial issues that affect women in business. The dream of being your own boss and building a business ...
Owning a franchise is similar to starting up your own business, the difference being that you are buying into a proven business model for success. Just because the business model is proven, however, ...
In this section, you’ll learn how to properly review a franchise agreement, a critical document that outlines the legal and financial terms between the franchisor and franchisee. Franchise agreements ...