Another way to grow that requires less financial input, but more management time
As a natural consequence of my traditional advising, as well as extensive experience in franchising, I am regularly approached to look at the feasibility of taking an existing business to franchise. In addition, I work with experienced franchisors, helping them to expand nationally and internationally. I have an extensive business network and have assisted businesses in many different trade areas and disciplines – service, manufacturing, retail – all have common denominators.
One thing I’ve learned over the years is that a step-by-step approach is vital. I’ve devised a simple and but effective method of taking a business to franchise. Your franchise is unique; however, the foundations for success are rooted in a common process. Whether you have an existing system or are just starting out, there are certain areas that need to be covered.
Firstly, we need to define the opportunity. I help you to produce an opportunity summary, aimed at establishing interest in your franchise offering. While we’re doing this, we’ll have you writing the operations and systems manual for the business. If it’s not in your skill set, I can help write one for you. I also handle the drafting of the legal agreements – this will save you thousands in solicitor’s fees. Once the package is complete, we set about recruiting your first intake of franchisees. I do not believe in the use of external franchise recruitment companies. Your candidates will also need training. I’ll help you write the franchisee training system to enable them to make the opportunity a success. But it’s not over then. The most vital aspect of franchising is ongoing training and support – not only for the candidates but also for you as the franchisor.
I have all of the documentation, manuals and processes already templated. This allows you to focus on tailoring your business model to franchise without reinventing the wheel.
FREE STRATEGIC PLANNING
I offer a FREE Strategy Planning Session to help you to understand the key issues that are holding the business back and the actions that will help you move forward at the rate you want to. No obligation. Just my way of demonstrating how I work….read more
Call 01844 237450 or 07836 334150 or e-mail firstname.lastname@example.org to arrange a suitable date and time.