Expense | Minimal amount | When due | |
---|---|---|---|
Initial Franchise Fee | $8,500 | When signing the agreement | |
Marketing expenses, from 10 referred customers | $800/month | From 2nd month | |
Sales manager salary | $700/month | From 2nd month | |
Teacher’s wage | $20/lesson | From 3rd month | |
Royalty | 12% from revenue | From 3rd month | |
CRM | $25/user/month | From 6th month | |
Rent | $800/month | From 3rd month | |
Furniture, computers, repairing and design | $7,000 | A one-time payment | |
Other expenses | 5% from revenue |