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No business can afford financial surprises. You must know if you can afford the costs of franchising before you begin the process. You cannot collect any fees or royalties until you have legally established your franchise. When you're developing your franchise you'll incur costs with lawyers, accountants and consultants. Once you have the franchise formed, you'll incur the cost of advertising and trademark protection.
It's reasonable to expect to spend between $25,000 and $40,000 developing your franchise. The majority of this is due upfront. You must make sure your current business operations can sustain this kind of cash outflow.
Expect these minimums as you establish your franchise:
What type of franchise will you get for $40,000???? The price to set up a good franchise business is AT LEAST $100,000....