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 You also have to pay royalties to the franchisor consistentlydotty's franchise cost Nothing Bundt Cakes Franchise Cost

Before and after opening, as incurred. A: Yes, Dotty's is alive and very well in Las Vegas, along with Montana, Oregon, and Illinois. 30am - 10. Whether any of the other payments are refundable will depend on the arrangement between you and the supplier. Beontea. in size so that’s $218 revenue per year per sq. MaidThis. [1] Gaming and Spirits 24 Hours. Costs and Attorneys' Fees. Entrepreneur’s Franchise 500. The company utilizes innovative technology to clean vehicles without water. You will have the option. Initial franchise fee: $13,500 to $40,320. In 1970, the first Tuffy Muffler store opened in Detroit, Michigan. Of course, this is simply an average and varies based on a number of criteria (size of the restaurant, location, etc. The Initial Franchise Fee for one Ziggi’s Coffee Shop franchise is $40,000. Startup costs are estimated around $130,120 to $844,420. Leasing (3 months): $24,000 to $63,500. Compare pay for popular roles and read about the team’s work-life balance. Culver’s director of development Tom Goldsmith acknowledges the reality of his operation’s hefty franchise costs, cautioning that Culver’s isn’t for entrepreneurs light in the pocketbook. Around 6% on average. In addition, ongoing fees include a Dotty's. Cash Purchase: $1,147,000 to $2,515,000. The standard franchise fee in the U. Rent: $6,825 to $22,896. Nurse. One of the best ways to figure out how much money you’ll need is to research the estimated initial investment for each brand. Franchise candidates interested in owning a Scooter’s Coffee franchise. You must invest on average $399,000 including a $10,000 initial franchise fee to open a Domino’s franchise. Additional Funds (3 months) $20,000 - $30,000. The franchise fee is $30,000. The following costs are part of the upfront costs included in the initial. franchisee from those who have made the journey. This is the average sales per restaurant for the 1,362 franchised restaurants operating in 2021. Due Date: Monthly, or other time period stated in the Concession Agreement. You have to pay this upfront fee when opening a Jiffy Lube franchise. 10 lacs – 20 lacs. We estimate the average YogaSix franchise makes $70,000 in profits per year. The total investment also can vary as it is an estimated average of both standard and non-traditional restaurants. The franchisor's costs and expenses. To keep up with the times, they too have changed and evolved from a muffler store to a car service. Typically, this ranges from 4% to 12% of your revenue. These loans have many uses, ranging from real estate and equipment to working capital and franchise fees. 8. Its well-known identity across the entire country, combined with its commitment to its franchise owners, makes it one of the best coffee franchise options available today. Stage No. This corresponds to a 32% profit margin (adjusted EBITDA margin). This includes an initial franchise fee of $50,000. There is an initial franchise fee of $3,500 which grants you the license to run a business under the Chester's name. The estimated total investment necessary to begin the operation of an Arby’s Franchise ranges from $637,950 to $2,306,000. Number of Locations in Canada: 400+The company utilizes innovative technology to clean vehicles without water. Initial Inventory: $5,000 to $22,000. Initial Franchise Fee. May be increased or decreased pursuant to the terms of the Online Ordering Franchise Services Agreement. 4. Payment of ongoing franchise fees commences when the hotel assumes the franchise affiliation, and fees are usually paid monthly over the term of the agreement. . 9. Advertising and Development Fund: up to 4½% of weekly Gross Sales (currently the full 4½%) or 2. franchise will cost anywhere from $1,375,000 to $2,003,500. Section I – Schlotzsky’s Franchise Costs. 30000 to over 70000 per month. 7M (+ 2023 AUV & Profits) Despite a very strong brand name and over 1,700 locations worldwide, Applebee’s is a very expensive franchise. Unfortunately, Duck Donuts doesn’t provide much information about its franchise restaurants’ financial performance in its Franchise Disclosure Document. Indeed, despite its relatively small size, a. 6% of sales) -15,200 (-3% of sales) According to our calculations, the McDonald’s franchise had a profit margin of 14. The cost of a Domino’s franchise UK includes training, marketing, and support from the franchisor. Supercuts is one of the most recognizable. This amount also includes an initial franchise fee of $50,000. Food Truck Usage Fee (Food Truck): currently $2,100 to $3,100, plus additional fees, costs, and expenses Due Date: Monthly. Total Estimated KFC Franchise Costs: $1,852,825 to $3,771,550; Section II – KFC’s Initial Franchise Fee, Royalty Fee, and Marketing Fee. Site Development Costs: $13,000 to $350,000. 23 out of 92 (25% of total) franchises generated more than $850K in revenue. Furniture, Fixtures, and Equipment: $81,000 to $145,000. Sandella’s Australia offers a range of premium wraps, panini sandwiches, pizzas and salads. On average, a Denny’s franchise makes $1,634,549 in sales per year. Franchise Fee: New Franchisee: $55,000; Existing: $45,000; Mentor: $30,000. Franchising Since. Earlier, the franchise fee of Domino’s was 4,50,000 Rupees but now the franchise fee is 10 Lakh Rupees. Section I – GameDay Men’s Health Franchise Costs. Please click here for detailed estimates of Pizza Hut franchise costs, based on Item 7 of the company’s 2019 FDD. Neel Parekh started MaidThis in 2013 and today the company makes over $166K per month. 9 million – R2. Of course, this is simply an average and varies based on a number of criteria (size of the restaurant, location, etc. Review the chart below to see how. If you do not have enough capital, you may need to get a loan to finance your franchise. Disadvantages of Starting a Franchise 1. Franchise Transfer Fee (for a majority interest, after 3 years have elapsed)You would invest around $451,000 to open a Papa Murphy’s restaurant franchise. 6 million. Furniture, Fixtures, and Equipment (FF&E): $25,000 to $50,000. Food Preparation Equipment:. The franchise offers a low-cost entry point for franchisees, making it an attractive option for entrepreneurs. Permitting: $1,800 to $11,000. a $50,000 initial franchise fee; and (ii) up to a $2,000 document preparation fee that will be applied to its cost to prepare the Franchise Agreement and any. Mathnasium franchise costs, based on Item 7 of the company’s 2022 FDD: Initial Franchise Fee: $49,000 for your first franchise; $26,500 if you are buying an additional franchise. Schlotzsky’s Bakery Café is an American fast-casual restaurant chain that is owned by Focus Brands along with Auntie Anne’s, J a mba’s, Moe’s Southwest Grill, Cinnabon, Carvels, and McAlister’s Deli. Opening Inventory: $4,000 to $8,000. Food Kiosk . Detail Garages are part of the global automotive aftermarket industry (which includes all products and services purchased after the first sale of an automobile) and this industry is. Professional Services (Legal and/or Accounting): $1,300 to $2,000. Inquiry – you’ll attend one of our webinars and complete an application. The UPS Store ships upwards of 750 million packages during the holiday season. On average, a Hungry Howie’s Pizza franchise makes $806,899 in sales per year. Since their beginnings in 1947, Merry Maids has. Unknown. Depending on how popular the brand is, this fee can be anywhere between US$1,000 to US$3million or more. Real Estate Brokerage Fees: $0 to $10,000. Opening Inventory: $7,500 –. The investment amount is an average, indeed it depends on the type of restaurant you choose: Traditional: $406,000 – $1,131,000. How much does it cost to start a Popeyes franchise? You need to invest $1,327,000 to open a Popeyes franchise. Best Low Cost Franchise Business Opportunities in India. 7% of total sales in rent costs. Advertising and Development Fund: up to 4½% of weekly Gross Sales (currently the full 4½%) or 1½% for Non-Traditional Locations. This fee is usually waived for U. Sector. Franchise Fee. 5% EBITDAR margin (before rent expenses). Ever wondered where that name comes from? Originally, the rooms cost just $8. Smallwares: $15,000 to $50,000. Automotive: $141,333. Scooter’s Coffee (Kiosk Store) franchise costs, based on Item 7 of the company’s 2023 FDD: Initial Franchise Fee: $40,000. Jimmy John’s initial franchise fee, royalty fee, and marketing fee, based on Items 5 and 6 of the company’s 2023 FDD: Initial Franchise Fee: $30,000 to $35,000. $25,000. They have 17 franchisees and are helping many small business owners start running a remote cleaning company. This is the median annual revenue of 171 franchised salons operating in 2022. 00pm +603 218 11375 Ground Floor, Lot G03J-K, Suria KLCC, Kuala Lumpur, Malaysia Dotty's IOI Putrajaya Operation Hours Monday tiFranchise package: Single unit Quickly Metro (minimum 6 sqm) Initial investment: ₱788,000; Royalty fee: 3% of gross monthly costs; Quickly franchise agreements have a fixed two-year duration. A Dotty's parlor in Pahrump, Nevada in 2008. Pre-Opening/Grand Opening Marketing: $6,000. Leasehold Improvements: $25,000 to $300,000. Initial Investment: $50K to $100K. Add a photo. 329 on Entrepreneur’s 2020 Franchise 500 list. Find answers to 'What advice would you give the CEO of Dotty's Casino about how to improve it?' from Dotty's Casino employees. Economy Proof Casinos has bundled all of the above into a turnkey package. Initial Inventory: $5,000 to $22,000. ). Review of Proposed Offering Materials of Franchisee. Initial Franchise Fee. 1998 Bellagio. Liquid cash requirement: $500,000. Contact for more details. On average, franchisees pay 10. This is reduced to. Estimated Number of Units: 600. Net-worth Requirement: $300,000 Liquid Cash Requirement:. The franchisor's actual costs. Add a photo. McDonald’s franchise costs. In comparison to its brand value,the franchise fee in India is just Rs. Coffee Franchises. Franchise Description: Scooter’s Coffee, LLC, the franchisor, is offering franchises for the right to operate a quick service coffee store, offering drive-through, carry-out and in-store seating service of espresso. For instance, according to Light Speed, these are the startup costs from well-known franchise restaurants: • Denny’s: $1,400,000 to $2,300,000. 7 million. Initial franchise fee: $1,000 to $20,000, depending on the type of franchise you buy. Section VI – Key ratios, comparables, computations, and analyses for the KFC franchise opportunity (exclusive content for Platinum subscribers) Section I – KFC Franchise Costs. The franchise fee is $27,000, with a required net worth of $250,000; the company estimates that, on average, the process of purchasing and opening a Cold Stone franchise takes four to twelve. 13. In order to open a Dunkin’ Donuts franchise, you will need to pay a franchise fee between $40,000 to $90,000. The Oregon State Police, responsible for background checks on lottery retailers, objected. Initial investments: $375,500 - $699,900 Net-worth Requirement: $850,000 Liquid Cash Requirement: $200,000. The estimated total investment necessary to begin the operation of a Jimmy Johns Franchise ranges from $355,900 to $671,400. The FDD also provides the median revenue of the 723 franchise-owned restaurants by quartile, as shown below. Real Estate and Building – 3 Months’ Base Rent: $0 to $313,000. Control your business environment with Music, TV, Digital Signage, and Advertising solutions that suit your brand. Fees paid to civil engineers, fees paid for site reports and testing and zoning. 5% of estimated sales on Rita’s Mix Items and/or 6. To open a Code Ninjas franchise, you can expect to make a total investment of somewhere between $130,300 and $348,550. Regional operators can make from $65,000 to $90,000 per year according to indeed. 9. Ever wondered where that name comes from? Originally, the rooms cost just $8. National Advertising: 3. 30,00000 INR (30 Lakhs approx) Non- Traditional Store. This amount varies depending on the location or size of your franchises. Initial Training Program (Fees): $0. Initial Opening Support Fee: $15,000. S. This growth includes a 2. These costs including the franchise fee is how we get our estimated total initial investment of $383,500 – $2,620,800. New units in 2016: 0 units (0 percent) Another commercial. back in the early 1980s. Initial Franchise Fee: $19,000 to $59,500. Supercuts is one of the most recognizable. A per-transaction fee of 3. com data. 4,50,000. In 2019, the income from franchising represented $100 billion of Canada’s GDP. Add to compare. The Domino's franchise cost for a traditional pizza outlet ranges up to 5000000 (INR 50 lacs) in India. Generally, we require a minimum of $500,000 of non-borrowed personal resources to consider you for a McDonald's franchise. Initial setup cost = Franchise Fee + Setup Costs (Equipment, Furniture, Furbishing of Premise) The final set up cost can easily add up to US$200,000 - 1,000,000 or more. While that might seem like a meager cost. Papa John’s franchise costs (standard restaurant), based on Item 7 of the company’s 2022 FDD: Initial Franchise Fee: $25,000. McDonald’s manages all the site evaluation, acquires the property, and constructs the building. Papa John’s is one of the most successful pizza franchises, with more than 5,000 locations across the world. Additional funds: $50,000 to $104,300. 9. Building Costs: $180,000 to $600,000. Domino’s Pizza (traditional store) franchise costs, based on Item 7 of the company’s 2022 FDD: Initial Fee: $0 to $10,000. The quarterly fee is $81 per machine for the first four machines, then $141 for each additional machine. See the costs for each type below. Add to wishlist. Domino’s surpassed earnings expectations in 2019, with net sales of $1. ). Architect and Design Fees: $10,000 to $18,000. For those considering investing in a franchise business, there are three main categories of costs you need to understand. Initial franchise fee: $37,500 to $51,500, depending on market size. Rural Locations: $218,148 - $419,226*. Nursing. The initial franchisee fee is typically between £280,000 and £330,000, with a total investment ranging from £600,000 to £1 million. Furniture, Signs, Equipment, and Supplies: $10,000 to $17,000. Dotty's is a chain of slot machine parlors with about 175 locations in Nevada, Oregon and Montana and another 150 locations planned in Illinois. Pizza Hut franchise costs (for RBD and DBR Dine-In/Delivery/Carryout System Restaurants), based on Item 7 of the company’s 2022 FDD: Initial Franchise Fee: $25,000. Here are listed some of the most profitable Franchise Business Opportunities in India (Under INR 10 Lakhs): Franchise Business. This fee includes the initial franchise fee of $35,000 and all the other operational costs. At a minimum, candidates must have at least $250,000 in liquid assets and $500,000 minimum net worth per unit, though those numbers vary depending on your. The estimated cost of a Domino’s franchise in India can range from INR 50 lakhs to INR 1. $500 per site location after four site locations. Dunkin’ (freestanding restaurant) franchise costs, based on Item 7 of the company’s 2023 FDD: Initial Franchise Fee (20-year term): $40,000 to $90,000. 1. Questions or Concerns? Please call 1-866-547-6310 P. To open a Dunkin’ franchise, you must have at least $250,000 in assets. Excessive Site Location Design Fee. Site Development Costs: $13,000 to $350,000. Applebee’s Franchise Costs $6. 00am - 10. New Wimpy Franchisees can expect to pay between R1. Merry Maids. Store Equipment: $150,000 – $200,000. It specializes in pizza, sandwiches, salads, calzones, soups. Actual cost of updates. $20,000 – $30,000. ). • Franchise Fee: $39,000 • Total Investment: $50,400-$72,650 • Royalty Fee: 7% • Space Needed: 100-2,000 square feet •. S. The above information has been compiled from the FDD of Marco’s Pizza. The highlight of this agreement is 100-meter radius protection around the store in which no other Quickly stores can be opened. So, we have already racked up setup costs of a. Section I – Wetzel’s Pretzels Franchise Costs. 19 reviews of Dotty's "I went into Dottys 840 n Decatur suite D. How much does Raising Cane's franchise cost? Raising Cane's has the franchise fee of up to $45,000, with total initial investment range of $768,100 to $1,937,500. 1980 Festival Plaza Drive, Suite 300 Las Vegas, NV 89135 Phone: 702-829-8438 Email: joeb@bphold. Franchise Transfer Fee (for a majority interest in the first 3 years) $12,500 (or $20,000 if the restaurant is a combo) plus the amount listed in table in the FDD. Locations. Ongoing Fees. Site Preparation and Completion Costs: $250,000 to $500,000. S. All of these cost estimates include expenses such as franchise fees, rent, improving the property, staff training, and starting supplies. Construction and Build Out Costs: $165,000 to $450,000. About 60,000 people apply for a franchise each year, and less than 1% of them are eventually chosen. The only official detail that they released is if you want to franchise in the Philippines. As a whole, the company makes an average of $939,990,000 sales per year. The cost to purchase a franchise for a traditional pizza joint ranges up to 50,000,000 rupees in India. 9 million. McDonald’s franchise costs, based on Item 7 of the company’s 2022 FDD: Initial Franchise Fee: $45,000. KFC franchise costs, based on Item 7 of the company’s 2022 FDD: Background Check Fee: $350 to $500 per person; Deposit Fee: $20,000; Option Fee:. Own a Franchise. 3M. Once you’ve narrowed down the industry you’d like to work in, it’s time to pick a job! The top 5 jobs currently available in Winnemucca, NV are: Travel. Auntie Anne’s initial franchise fee, royalty fee, and marketing fee, based on Items 5 and 6 of the company’s 2023 FDD: Initial Franchise Fee: $10,500 to $71,000. Business Premises: $5,000 to $20,000. 14. Coffee Franchises. 50,00000 INR (50 Lakh approx) Domino’s franchise cost in india. £30,000 to £50,000. McDonald's franchise fees for 2023: McDonald's has the franchise fee of up to $45,000, with total initial investment range of $464,500 to $2,306,500. Signs, Seating, Equipment, and Decor: $1,000,000 to. 46M whereas the lowest one made only around $140K in revenue. As such, costs tend to be pretty low. The most common type of SBA loan is available in amounts of up to $5 million. 8 South African franchises you can open for less than R1 million. Currently, 1. There are now micro franchisees that you can invest in for as little as P100,000 to P500,000. S. The total investment for a single Orangetheory Fitness studio ranges from $488,405 to $994,360. If you are considering an F45 Training franchise, don’t get blindsided by these 32 important franchise fees (from the initial franchise fee, to the royalty fee, to 30 other fees). Request FREE Info. The investment includes an initial franchise fee of either $5,000 or $25,000, depending on the type of restaurant. Wimpy – from R1. Launch Fee: $10,000. Since the total cost varies from restaurant to restaurant, the minimum amount for a down payment will vary. 00pm +603 7731 2466 20-G, Jalan Tun Mohd Fuad 2, Taman Tun Dr. Zaxby’s is a private fast-casual restaurant chain in the United States. Yet, Slim Chickens is also one of the most expensive chicken restaurant franchises: it costs on average $2. You would have to invest, on average, $547,000 to open a new Midas franchise shop. 10 on Entrepreneur’s 2020 Franchise 500 list. Easy plug-and-play setup. To buy a franchise with Happy Joe's Pizza, you'll need to have at least liquid capital of $150,000 and a minimum net worth of $850,000. Application – you’ll go through the interview process and complete a. $50,000 ($25,000 if signed before jun 30 of 2022) Initial Tech and other Equipment Package. The investment ranges from $1,765,500 up. $10,000 plus the franchisor’s attorneys’ fees; $5,000 plus the franchisor’s attorneys’ fees if the buyer is an existing franchisee. The most plant-friendly, animal-high-fiving, emissions-grabbing, soil-rejuvenating, water-purifying, flavor-packed innovation in sustainable food. According to the latest FDD, this amount can be as low as $350,200 and as high as $565,10. Healthcare: $80,940. The 29% adjusted EBITDA margin is on the higher end compared to similar food & beverage franchises as per our intelligence (~25-27% industry average). 1966 Caesars Palace. Licenses, Permits and Authorizations. Thirdly, the royalties are relatively low at 5%. The investment includes an initial franchise fee of either $5,000 or $25,000, depending on the type of restaurant. 7(a) loans. Lease Review Fee: $3,500 to $7,000. Credit Card Processing Fee: $. Sandella’s Australia offers a range of premium wraps, panini sandwiches, pizzas and salads. You usually have to ring a bell to gain access, the room is small with a few gambling. Domino’s is the number 1 brand in the Piazza industry. This includes the franchise fee, which is typically between £30,000 and £50,000, as well as the cost of the building, equipment, and other start-up costs. The licence application process will depend on whether you choose a mainland or free zone setup. The initial franchise fee is waived for a Go Mini’s dealer signing the Franchise Agreement. Mobile Unit – Delivery. Supercuts. Estimated total initial investment: $89,616 to $125,023. Section III – Initial Franchise Fee, Royalty Fee, Marketing Fee, and Other FeesSection I – Taco John’s Franchise Costs. Even though YogaSix has shown strong revenue growth recently, it’s unfortunately not the most profitable fitness franchise we found. Founded: 1983 Initial franchise fee: $135,000 Royalty fee: 7% and 4% ad royalty fee; Daycare centers: 600+ Headquarters: King of Prussia, Pennsylvania The Goddard School. Take our franchise quiz to find out if Jersey Mike’s is right for you. 15 billion, rising 6. This is simply “the cost of admission” to use the franchise company’s brand and business systems. Zaxby’s is a private fast-casual restaurant chain in the United States. Opening Inventory: $19,000 to $93,050. Utility Deposits: $0 to $1,500. Initial Investment: $768,100 - $1,937,500 Net-worth Requirement: $90,000 to $250,000. Jimmy John’s initial franchise fee, royalty fee, and marketing fee, based on Items 5 and 6 of the company’s 2022 FDD: Initial Franchise Fee: $30,000 to $35,000. The estimated total investment necessary to begin the operation of a Jet’s Pizza Franchise ranges from $600,000 – 750,000. Once you add in all the initial costs including training, fitting out the store, opening inventory and more, you could be paying around USD250,000 for a medium sized operation. franchise makes $1,419,516 in sales per year (+10% revenue growth vs. Mobile and home-based businesses tend to be the cheapest, while full-service restaurants and hotels are some of the most expensive. Indeed, the average investment to open a Tommy’s Express franchise is $6,232,000. They reduce the fee to $36,000 for U. The highlight of this agreement is 100-meter radius protection around the store in which no other Quickly stores can be opened. 14 Food Franchise Opportunities. Find out what works well at Dotty's Casino from the people who know best. Food kiosks are an option for small franchise businesses in India. , and aims to “bring encore experiences that enrich lives, one person at a time”. This includes initial franchise fees, training, licenses, and opening supplies, but not the costs of real estate. (no table games) 1968 Circus Circus. See reviews, photos, directions, phone numbers and more for Dottys locations in Tualatin, OR. How much does a Pizza Hut franchise cost? Top open a Pizza Hut franchise, you would need to invest $936,000 on average. 77%. Best Low Cost Franchise Business Opportunities in India. The franchise fee is $19,900. 1) The Franchise Fee: This is the upfront fee charged by franchise companies to grant you a license to operate their business for a defined period of time. Initial investments: $464,500 - $2,306,500. Construction Management Fee: $0 to $35,000. 6% of loyalty program sales. The specific costs of opening up a franchise can range from tens of thousands to millions of dollars, depending on the brand and the location you wish to operate in. Schlotzsky’s Bakery Café is an American fast-casual restaurant chain that is owned by Focus Brands along with Auntie Anne’s, J a mba’s, Moe’s Southwest Grill, Cinnabon, Carvels, and McAlister’s Deli. 14 Food Franchise Opportunities. This also excludes “The Den” restaurants that are smaller in size, and therefore revenue (only 12 of them in 2021). This excludes the real property but includes the $47,500 to $69,000 in fees that must be paid to the franchisor. In general, most franchise fees are between $20,000 and $50,000. This amount also includes the $25,000 initial franchise fee. veterans with supporting credentials. Next. The estimated total investment necessary to begin the operation of a Papa John’s Franchise ranges from $200,130 to $788,930. . Professional Fees: $500 to $12,000. Another affordable hotel franchise for those on a tighter budget is the Super 8 brand. Casino Coupons? The American Casino Guide has over $1,000 in money-saving coupons from all over the country! Dotty's 6 is one of 33 properties owned by Nevada Restaurant. International Franchise Fees: In the United States (US), single-franchise unit is available with franchise fee of $39,500 per unit or around Php 2 million. Craig Estey. Description. With over 250 restaurants in the US, Jason’s Deli is a strong brand among fast casual franchises. Franchise fees are typically between $25,000 to $50,000 on average. How much does Donatos Pizza franchise cost? Donatos Pizza has the franchise fee of up to $30,000, with total initial investment range of $375,500 - $699,900. Leasehold Improvements: $60,000 to $120,000. However, franchise businesses came with many restrictions, so they decided to develop an original concept. $450,000 to $800,000. They also had a same-store sales growth of 3. $0 to $900 recurring monthly fee; and $0 to $500 initial license fee. 100+. 3@1 Business Centre – from R695,000 (ex VAT) Zebro’s – from R949,000. Year of FDD: 2023. 1992 Casino Royale. Your Employees, Suppliers and Creditors. The UPS Store offers a variety of location-types to fit the needs of our franchise owners. And the total costs can range from $22,000 to $50,000. International Franchise Fees: In the United States (US), single-franchise unit is available with franchise fee of $39,500 per unit or around Php 2 million. Other potential costs include inventory, equipment, insurance, employee training, business licenses, rent, landscaping, signage, etc.