As with any business you will incur costs.
Here is a breakdown of the costs I incur each month. Although not all of these will be relevant to you, they will give you some guidance and something to consider as you make the decision as to whether you want to proceed with purchasing a franchise:
Bank charges for a business account after the first year £19
Training £300
Petrol £215
Data protection £35/year
Cleaning £5
Resources and stationary £65
Meetings and refreshments £30
Marketing £150
IT £250 (including website hosting)
TAX £300
Payroll and invoice software £65
Wages and freelance £3,500 (including my wage)
Insurance £52
Phone £19
Linktree £4
Amazon Prime £120
Charity £10
Like I say most of these won’t be relevant to you initially however as your business grows and you start to expand, you may find that these are things that you want to consider. Although these expenses sound high we have an income on average of £5,000/month
If you are interested in learning more CLICK HERE
or if you have any questions and want to have a chat get in touch at [email protected]