According to the textbook, which of the following is NOT a cost that is typically associated with buying a franchise?
A) Advertising fees
B) Continuing royalty payments
C) Trademark acquisition fee
D) Initial franchise fee
E) Capital requirements

Question

Quizplus · Accepted Answer

Trademark acquisition fee is not typically a cost associated with buying a franchise. The costs usually include initial franchise fees, continuing royalty payments, advertising fees, and capital requirements for starting the franchise. The trademark is owned by the franchisor, and the franchisee gains the right to use it through the franchise agreement, not through a separate acquisition fee.

According to the Textbook, Which of the Following Is NOT