How To Know If Your Business Is Franchisable
Franchising is a business model in which a successful business owner (the franchisor) licenses its trademark, business model, and operating system to other individuals or companies (franchisees) who open their own businesses under the franchisor’s brand. Franchising can be a
What is a franchise business model?
Most people are aware of the big food franchises like KFC, McDonalds etc but do not realise how many industries franchising covers or indeed what is a franchise business model. A franchise business model can be any type of business
When to franchise your business?
Are you considering franchising your business and wondering when to franchise your business? Before you consider the below indicators first you need to look closely at your own operation. Ideally you need a minimum of 3 years trading successfully and
Franchise recruitment strategy, how to recruit quality franchisees
How to create a great franchise recruitment strategy So you have franchised your business, have all your documentation in place and now you are ready to take your franchise opportunity into the market and find your ideal franchisee’s, so where
Franchise my business?
Should I franchise my business? If you are asking yourself this question you have landed on the right page. To find out how to franchise your business there are some key things you need to consider first including; Can my
Franchising a business pros and cons
Thinking about franchising a business and have no experience of franchising and wonder if it’s right for you and your business? Want to know what the pros and cons of franchising a business are? If so this post could help.
How much does it cost to franchise your business?
What does it cost to franchise my business? I have had this question many times over the last 14 years or so, so what does it cost to franchise a small business? Here’s a great quote; “If you think it’s expensive to hire
New franchise consultants brand launch a success
Launch success for new franchise consultants brand Infinity Business Growth Network ( IBGN ), a new franchise consultants brand launched 2 weeks ago reports a very successful launch. The brand which is owned by the parent company that also owns
What is a franchise operations manual?
A franchise operations manual is a guide on everything that is needed to carry out the daily operations of your business, if you like a “painting by numbers” guide of exactly what a franchisee ( investor in your franchise ) need to
