What is a franchise marketing levy?

If you're a small business owner in the UK, you might have heard that there's a way to get government funding to help with your marketing activities. But before diving in and registering for it, you need to know exactly what the franchise marketing levy is and how it works.

The franchise marketing levy is a payment that small business owners can charge their customers to help pay for advertising and promotional activities. The marketing levy is usually a percentage of your turnover and can range from an extra 1-10% on top of any royalty fees.