1. Collect info on the concept
2. Analyze the franchisability of the concept
3. A one-hour presentation on franchising
We can start the process of registering your trademark if needed at this point.
These first three steps can be done in a single day!
This task takes about four days. Here I will analyze six or seven similar franchise systems and their Disclosure Documents. The report is usually around 12-14 pages and explains what other franchisors are charging, requiring of their franchisees, offing their franchisees regarding support, and terms of the actual agreement.
This step takes from a few weeks to a couple of months and requires good communication.
We usually need the most help with the SOP (Standard Operating Procedure) section of the manual. Any existing documentation that can assist me with this will speed up the process.
We typically break up the manuals into:
If needed we can develop a branding guide and Social media Guide.
This step takes another few weeks. It will tie back into the operations manual.
We will provide a questionnaire to start the process moving forward.
This step will also require good communication as well. We can take much of what we learned in the FDD report (Step #4) to inform your terms and rates in the Agreement.
This will take a couple of days but only a few hours per day. If you have multiple people you wanted to be trained, we would have to set up a time we could all do a remote training session. This will include all the documents and email template.
I will help you find the right people and avoid legal pitfalls when talking to potential franchisees.
W can assist you in this as you grow. The larger you are, the more advanced the systems should be. We can start with the ones you will need from the beginning.
This will include franchise recruitment, Franchise Evaluations, Benchmarking and FDD Updates to name a few.