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Franchise Tutorials: Renewal Fees and Redesign Costs (VIDEO)

Just as you’re required to pay franchise fees when first becoming a small business owner, when you renew your franchise agreement you are also required to pay some costs to your franchisor. Known as renewal fees and redesign costs, this payment should be clearly defined in your initial franchise agreement with the amount varying depending on the industry and market conditions. 

Read more about Renewal Fees and Redesign Costs in Franchise Canada‘s Franchise Tutorial series!