Posts Tagged ‘Fees’
The Role of Cryptocurrencies in Reducing Business Transaction Fees
Transaction fees are among the recurring expenses that many business owners have to deal with, especially if they’re running a store that accepts cashless payment methods such as credit and debit cards or digital wallets. While seemingly negligible at first glance, these fees can quickly pile up over time as they are deducted from each…
Read More5 Tips for Navigating Business Credit Card Fees
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…
Read MoreThe 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,…
Read MoreFranchise 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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