How does a license differ from a franchise financially and otherwise?
A. Besides never paying royalties, research shows that 2/3 of all franchises break even or lose money. You are in complete control of your store and your income, creating everything from choosing your own name, to your color scheme and your theme of environment. While a franchise can average $50,000 to $100,000 in Franchise Fees, a license fee is $25,000. Franchisors also often require you to have a net worth of $250,000 to $1,000,000 to buy a franchise and you often pay 6-7% Royalties. When you purchase FYIs Seven Super Profit Strategies of Yogurt Success and its Super Profit Yogurt Shop Information Package there are no minimum capital requirements, no hoops to jump through, no marketing fees or royalties to pay only a small renewal fee each year and the option of being on the Corporate FYI web site for referrals to your area.
