Franchising your business | Franchise my business | How do I franchise my business | How to franchise my business

THINKING OF FRANCHISING YOUR BUSINESS?

Franchising your business is of course a major business decision. With the right guidance (What to look for in a good consultant) you could expand your business profitably and become a major player in your sector. But choose the wrong advisor and expensive mistakes can follow. Make the right choice - for a free initial discussion with one of our professional franchise consultants click here.

The first question you need to ask is “Can I franchise my business?” Before spending any time and money you should consider the basic criteria for franchising or take our simple test. If you are still not sure if your business is suitable for franchising click here to speak to one of our franchise consultants.

If you do make the decision to proceed the next question is “How do I franchise my business?” Our role is to guide you through this process and as with all major business decisions it starts with a plan. The plan puts in place all of the important aspects of the project including financial modelling and the all important franchise fee structure.

The next step is to develop the blue print for franchisees to follow to be successful in their business. This requires detailing the franchise operating system and building it in to a manual .

Now it is time to produce the necessary legal documentation. We produce a list of the key points to be included in your franchise agreement making the process of working with your chosen lawyer simple and cost effective.

BFA membership demonstrates professional development of the franchise package and gives you credibility in the eyes of prospective franchisees. We will prepare you for accreditation and sponsor your application.

Finally, you are now ready to recruit your first franchisees. Franchisee recruitment is the lifeblood of new franchise systems. Our role is to sit beside you during the recruitment process and help maximise your chances of selecting the right people to be those all important first franchisees.

THE 7 HARDEST THINGS ABOUT FRANCHISING YOUR BUSINESS

During your journey on the road to franchising you will come across some interesting challenges - don't worry, there won't be anything we haven't come across before. Click here to see some of the more common issues we are likely to be working with you on.

GIVE YOURSELF THE BEST CHANCE OF SUCCESS

Above all we are problem solvers. What may seem a large and difficult task to you is what we do everyday and our job is to make the process of franchising your business as simple as possible. For an initial no-cost chat with one of our franchise consultants click here.

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