What you’ll learn
This resource will empower you to thoroughly research and self-assess, ensuring you make an informed choice.
By following the outlined steps, utilizing the provided checklists, and conducting thorough due diligence, you can identify the ideal franchise for you, securing not only your financial future but also a fulfilling career.
This workbook covers a comprehensive range of topics, including:
- An introduction to franchising and its potential benefits
- Building a solid foundation for your franchise venture
- Financial planning and analysis
- Developing a comprehensive franchise package
- Establishing a robust support office structure
- Creating effective operations and procedures manuals
- Understanding the Franchise Agreement and Disclosure Document
- Developing a successful recruitment and selection strategy
- Defining site selection criteria Implementing effective training programs
- Marketing your franchise
- The franchisee selection, recruitment, and induction process
- Meeting and exceeding franchisee expectations
