How to Manage Franchise Royalty using Franchise Management software

Franchisors tend to determine their royalty predicated on a proportion of the gross sales of the franchisee, and usually collect those expenses on a weekly or monthly basis. Increasingly, franchisors use Electronic Funds Transfer to transfer royalty payments, where the franchisor concurs to allow the franchisor to debit directly from their bank accounts. In formulating their royalty payments, however, there are many differences used by franchisors. This can be done with the franchise management software. The franchise management software helps to take care of all the variations properly to properly structure the royalties, invoices and the franchise incomes.

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