Non-Royalty Franchises

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Non-Royalty Franchises
Q. What are the non-royalty franchises?
Franchises are booming business in today’s market. You can own a franchise buy paying a franchise fee and fulfilling other requirements. Apart from the hefty franchise fee, you have to pay regularly a royalty charges as long as you operate the franchise. But some franchises will waive this royalty charges for you. Non-royalty franchises will not charge any royalty fee from you. They do it in order to encourage more people to buy the franchise. It is a fair business tactics from the point of view of the franchiser. Though some amount of revenue is lost by not receiving the royalty, but it is compensated
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