Financial Position

LSU Union

The franchisor needs to look at his/her own financial position to determine the availabilities of money to start a franchising program. Starting a franchising program can be very costly and all cost should be analyzed closely. Financial statements will provide valuable information to make financial decisions concerning initiation, growth or expansion, or even termination of specific franchise operations.

the legal requirements will generally cost between $15,000-30,000 to start a franchised operation