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Good Franchise Information >> Question >> Is a franchise fee an expense of a business that would reduce it's net income?

Is a franchise fee an expense of a business that would reduce it's net income?

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Yes. It is a start up expense. You would not take the hit for it as a personal expense; you would certainly keep it as a debit on your businesss ledger.......

Yes. It is a start up expense. You would not take the hit for it as a personal expense; you would certainly keep it as a debit on your business's ledger.