Franchise Feasibility Review Process
Rating: Detailed and specific
For business owners who are considering franchising their business and want to know what it really involves specifically for their business and how viable it is for them.
The Franchise Feasibility Review Process is the essential starting point if you are considering franchising your business and want to know what specifically franchising means for you and your business.
It's not a rubber stamping process where we tell you that you have a good business which could be franchised. The focus of the review process is twofold:
1. To explain what's involved in the franchising process in detail so you know what is required of YOU and YOUR BUSINESS, operationally, legally and from a management perspective
2. To bridge the gap between what you already know and what you don't know about franchising your business.
In an intense 1/2 day diagnostic meeting we will:
- Have a franchise specialist meet on site with you and all your key decision makers
- Explain in detail what the process of franchising a business involves
- Review the various cost options
- Discuss your suitability as a potential franchisor
- Discuss licensing fees, and franchise offerings
- Discuss the franchise recruitment process
- Review how long the of franchising process will take and what options are available
- Raise issues you need to be aware of
- Provide an overview of the laws regulating franchising.
We know franchising can be a big decision which is why we strongly recommend that as a first step business owners undertake our Franchise Feasibility Review Process. Instead of getting general information - this intense review process will look specifically at the potential of franchising your business.
Perhaps the most important point to stress is that this meeting is NOT a sales presentation or product demonstration. Instead it is a systematic review of your business, its potential market and offering, potential fee structures and franchise models. At the conclusion you will be sent a written report.
Our goal is to give you enough information so that you can make an informed decision about the future of your business.
Register interest in the Franchise Feasibility Review Process