The Five Stages to
Franchising Your Brand
The franchise development process may seem
complex. There are many elements that go into a successful
implementation. However, these items may be broken down into the
following five basic steps:
Stage 1: Formalizing Your Business
Concept
A
review of your concept to see if franchising is your best option
is the first ingredient to a successful franchise recipe. You
need to make sure that your concept is
1. Original2. Duplicatable
3. Profitable
Urban Enterprises experienced staff will
provide you with the analysis you need to ensure that have the
information you need to be successful in your new endeavor.
Stage 2: Getting Legal
Federal law requires that a franchise opportunity is disclosed
in a very specific government-regulated manner, since it falls
under the category of “investment” by the Federal Trade
Commission. The key documents necessary for this rigorous task
are the Uniform Franchise Disclosure Document and the Franchise
Agreement. INTERNATIONAL FRANCHISE SOLUTIONS will not only help
you create these documents to be as marketing-friendly as
possible, we will guide the way through the state registration
jungle, based on your current growth strategies.
Stage 3: Establishing Your Product
Once you decide to franchise, your product is no longer the
widgets you usually sell – it is now your franchise. There are
common documentation elements which are necessary to demonstrate
the scope of your product, including operations manuals,
personnel documentation, and customer service manuals.
INTERNATIONAL FRANCHISE SOLUTIONS will help you select your
necessary items and will write these manuals to your
specifications.
Stage 4: Packaging Your Product
Marketing your franchise concept for sale will be crucial to
your franchising success. INTERNATIONAL FRANCHISE SOLUTIONS
brings years of selling experience to the table to ensure that
the materials seen by your prospective franchisees will entice
them to further review your concept.
Stage 5: Selling Your Product
This is where the proverbial “rubber meets the road,” the
reason, after all, that you are going through this development
process. You want to sell franchises. We will take charge of the
sales process on an ongoing basis and plug you into our already
very successful franchise sales system and continue to consult
with you every step of the way to help ensure your franchising
success. In addition, we have training and documentation for
you, to help you through the franchise sales process – to ensure
that you put your best foot forward with your prospects and get
that sale.
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