What are the initial expenses of opening a franchise?

Also known as startup costs, this encompasses the complete sum needed to establish the new franchise. Information regarding these expenses can be found in Item 7 of the Franchise Disclosure Document (FDD). The initial expenses consist of the franchisee fee as well as any other initial costs particular to the business, such as equipment, property (in cases where a physical location is necessary), insurance, improvements to leased property (if applicable), permits, licenses, and additional items.