- Profitability within your corporate location(s)
- Operations Manuals that spells out in detail how to operate the business
- A comprehensive training program that gets franchisees 100% ready to operate the business
- A Franchise Agreement and Disclosure Document that conform to applicable legislation
- An Application Form- also known as Request For Consideration Form-for perspective franchisees
- Franchisee Recruitment Brochure
- Confidentiality Agreement
- Deposit Agreement if permitted by law
- A minimum capital
- to get assistance with
- development of the Operations Manual
- development of Franchisee Recruitment Brochure
- pay for legal guidance
- to market the franchise system
- to get assistance with
A comprehensive development plan that encompasses
-
Overall growth strategy
- fast pace
- slower build out
- Franchise development format
- single franchise units
- multiple unit franchisees
- area developers
- master franchisees
- Franchise location format
- territorial
- location specific
- exclusive territory
- non-exclusive territory
Support staff required, type of background
- Type of support to be provided and frequency
- telephone
- newsletter
- fax
- on site
- comprehensive
- Support Centre staffing
- A good franchise consultant
How to choose the right franchise system
20/04/2012
In franchising a name that counts with the customers is a very popular asset in licencing - one could even say it's central to it. In reality not many franchises can offer that kind of starting point. ...
Franchise Dictionary
20/04/2012
Franchise: A license that describes the relationship between the franchisor and franchisee including use of trademarks, fees, support and control. Franchising: A method of distributing products or services. Franchisor: ...
Four steps to become a franchisee
10/04/2012
A) Choosing the Right Franchise. The first step in becoming a franchisee is to choose with franchise you’d like to pursue. A franchise should fit with the franchisee’s schedule. If the franchisee is ...