Royalty fee - How To Discuss
Royalty fee,
Definition of Royalty fee:
The periodic charge that the owner of a franchised business needs to pay to remain part of the franchise system that provides branding, advertising and administrative support. The royalty fee for a franchise is typically some percent of either the overall or net sales of the business and the payment is required each week, month or quarter.
How to use Royalty fee in a sentence?
Meaning of Royalty fee & Royalty fee Definition
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