Franchise to expand your business
When you have a successful business and like to consider franchising to expand your brand internationally, you may consider 3 options to develop your franchise system:
1) Invest time to do research and develop the system yourself.
2) Outsource development plan to franchise consultants.
3) Attend structured training to develop the system yourself with option to engage mentoring support from the franchise practitioners.
Franchsie Program Development Raodmap
1) Preliminary understanding of Franchising business
2) Detailed education of various steps to develop a franchise system
—>a) Suitability to franchise
—>b) Packaging your concept for franchising
—>c) Building a replicable franchise system
—>d) Steps to go international.
—>e) Develop plans for implementation
3) Decide and execute implementation plans
4) Review implementation plans
5) Franchise Marketing and Recruitment
6) Franchise Agreement
7) Franchise Training
8) Franchise Stores opening consultation and support