Worksheet

Royalty rule worksheet

One line per agreement type. Columns record the sales base formula, royalty rate, ad fund rate, minimum amount, due date, grace days, late fee rule and contract clause number. A final column notes who may approve waivers.

Name: ______________________   Business: ______________________   Date: ______________

Scroll the table sideways to see every column.

Cross out or rewrite any heading that does not fit your business. From the guide “Royalty calculation mistakes franchisors make and how to stop them”, www.gullysystem.com/blog/royalty-calculation-mistakes-franchisors-make-and-how-to-stop-them