5 Tips for Navigating Business Credit Card Fees

a man using his business credit card

Business credit cards are a great tool for entrepreneurs looking to manage cash flow and earn rewards. However, all those benefits can come with hefty business credit card fees. Learning how to understand and navigate these fees can help avoid unnecessary costs while maximizing your credit card’s potential. Tip 1: Understand the most common business…

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The Ongoing Costs of Running a Franchise

If the thought of launching a business and becoming your own boss is something you’ve always entertained, it’s wise to have an idea of what it will cost to keep your operations afloat. As you read this you may think about overhead expenses—things like rent, utilities and insurance—however, if you’re considering becoming a franchise owner,…

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Franchise Fees: What to Expect

The franchise fee varies between franchises, but aspiring franchisees need to have a general idea of what to expect when it comes to covering the initial fee. In my experience, the average franchise fee range is between $25,000–$50,000 for a single unit. It’s not uncommon to find newer business models with a lower franchise fee…

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