In addition to your initial investment, you will have to pay a(n) _____ for continued support from a franchiser and the right to keep using the company's trade name.
A) advertising fee
B) management charge
C) business assessment
D) royalty fee

Question

Quizplus · Accepted Answer

A royalty fee is a percentage of your sales that you pay to the franchiser in order to continue using their trademark, operating system, and receiving ongoing support. This fee is usually paid on a regular basis, such as monthly or quarterly.

In Addition to Your Initial Investment, You Will Have to Pay