Safe Enterprises Inc.

Definition:The initial fee paid to a franchisor to join their system

What you need to know:Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.

Definition:A ongoing fee paid to the franchisor on a regular basis.

What you need to know:Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.

Definition:这个业务可以由业主part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.