SlideShare a Scribd company logo
1 of 5
3 Key Steps
before Franchising
your Concept
1. Determine Suitability
Understand
the role of the
franchisor
Establish a
proven
business model
Be clear on
“WHY” you
want to
franchise
Develop the
franchisor
mind-set
Do you have the
interpersonal skills and
attitude to be a
franchisor?
Contact us for the
Franchisor Suitability
Assessment.
2. Think Strategically
Define your
franchise
culture
Evaluate
scalability
Create a
unique
customer
proposition
Develop
franchisee
support
services
Create a
business plan
for the
franchise
company
Build a
financial
package for a
franchise unit
Contact us for assistance
in a Strategic Planning
session that includes
preparing and packaging
your concept.
3. Build a Replicable System
Protect your trademarks
and prepare legal
documents
Develop your Operations
Manuals
Develop franchisee and
employee training
programs
Develop your franchise
recruitment strategy and
systems
Identify the
infrastructure, technology
and supply chain to run
your franchise
organization
Contact us for assistance in developing your
Operations Manuals and training programs.
About Franchise Mind USA
International experience, local understanding.
We work with small medium enterprises (SME) and franchisors
around the globe, in different industries and at various stages of
development.
We assist those that are considering franchising by assessing
suitability of the concept, developing appropriate franchise
strategy and development of systems and strategies including
operations manuals, training curriculum and recruitment.
Contact us
Franchise Mind USA
Venu Babla, Director
+65 9867-0738
Venu@FranchiseMind.org
Visit us at: https://www.facebook.com/FranchiseMind/

More Related Content

Similar to 3 Key Steps before Franchising your Concept

Franchise Engineers Company Profile
Franchise Engineers Company ProfileFranchise Engineers Company Profile
Franchise Engineers Company Profile
Yasser Kouatly, CFE
 
What is Affiliate marketing – a free virtual event.pdf
What is Affiliate marketing – a free virtual event.pdfWhat is Affiliate marketing – a free virtual event.pdf
What is Affiliate marketing – a free virtual event.pdf
Tech Online Gadgets
 
Smar tvt job club syllabus
Smar tvt job club syllabusSmar tvt job club syllabus
Smar tvt job club syllabus
www.SMARTvt.org
 

Similar to 3 Key Steps before Franchising your Concept (20)

How to expand my business in india
How to expand my business in indiaHow to expand my business in india
How to expand my business in india
 
Fran Vision
Fran VisionFran Vision
Fran Vision
 
How to become an entrepreneur.pdf
How to become an entrepreneur.pdfHow to become an entrepreneur.pdf
How to become an entrepreneur.pdf
 
Franchise Engineers Company Profile
Franchise Engineers Company ProfileFranchise Engineers Company Profile
Franchise Engineers Company Profile
 
Sparkle Minds Franchise Development Proposal for some local company
Sparkle Minds Franchise Development Proposal for some local companySparkle Minds Franchise Development Proposal for some local company
Sparkle Minds Franchise Development Proposal for some local company
 
Brand Management Training Program
Brand Management Training ProgramBrand Management Training Program
Brand Management Training Program
 
3 ways to expand your business using other people's time and money
3 ways to expand your business using other people's time and money3 ways to expand your business using other people's time and money
3 ways to expand your business using other people's time and money
 
Preschool franchise document
Preschool franchise documentPreschool franchise document
Preschool franchise document
 
What is Affiliate marketing – a free virtual event.pdf
What is Affiliate marketing – a free virtual event.pdfWhat is Affiliate marketing – a free virtual event.pdf
What is Affiliate marketing – a free virtual event.pdf
 
Unlock Your Potential: Employment Franchise Opportunities Await!
Unlock Your Potential: Employment Franchise Opportunities Await!Unlock Your Potential: Employment Franchise Opportunities Await!
Unlock Your Potential: Employment Franchise Opportunities Await!
 
Let ABC Help You to Be Your Own Boss
Let ABC Help You to Be Your Own  BossLet ABC Help You to Be Your Own  Boss
Let ABC Help You to Be Your Own Boss
 
Be Your Own Boss
Be Your Own BossBe Your Own Boss
Be Your Own Boss
 
Starting a franchise
Starting a franchiseStarting a franchise
Starting a franchise
 
Franchise Consultants in Gurgaon
Franchise Consultants in GurgaonFranchise Consultants in Gurgaon
Franchise Consultants in Gurgaon
 
Smar tvt job club syllabus
Smar tvt job club syllabusSmar tvt job club syllabus
Smar tvt job club syllabus
 
Want to start a franchisee? Learn how eSignatures make it easy
Want to start a franchisee? Learn how eSignatures make it easyWant to start a franchisee? Learn how eSignatures make it easy
Want to start a franchisee? Learn how eSignatures make it easy
 
Otherside consulting - Business growth accelerator
Otherside consulting - Business growth acceleratorOtherside consulting - Business growth accelerator
Otherside consulting - Business growth accelerator
 
Growing with Purpose: How to Improve Your Software Company's Evaluation
Growing with Purpose: How to Improve Your Software Company's EvaluationGrowing with Purpose: How to Improve Your Software Company's Evaluation
Growing with Purpose: How to Improve Your Software Company's Evaluation
 
Plink Solutions Company Profile
Plink Solutions Company ProfilePlink Solutions Company Profile
Plink Solutions Company Profile
 
Distributor tools proposal
Distributor tools proposalDistributor tools proposal
Distributor tools proposal
 

Recently uploaded

2024 May - Clearbit Integration with Hubspot - Greenville HUG.pptx
2024 May - Clearbit Integration with Hubspot  - Greenville HUG.pptx2024 May - Clearbit Integration with Hubspot  - Greenville HUG.pptx
2024 May - Clearbit Integration with Hubspot - Greenville HUG.pptx
Boundify
 
Shots fired Budget Presentation.pdf12312
Shots fired Budget Presentation.pdf12312Shots fired Budget Presentation.pdf12312
Shots fired Budget Presentation.pdf12312
LR1709MUSIC
 
Challenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
Challenges and Opportunities: A Qualitative Study on Tax Compliance in PakistanChallenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
Challenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
vineshkumarsajnani12
 
Jual obat aborsi Hongkong ( 085657271886 ) Cytote pil telat bulan penggugur k...
Jual obat aborsi Hongkong ( 085657271886 ) Cytote pil telat bulan penggugur k...Jual obat aborsi Hongkong ( 085657271886 ) Cytote pil telat bulan penggugur k...
Jual obat aborsi Hongkong ( 085657271886 ) Cytote pil telat bulan penggugur k...
Klinik kandungan
 

Recently uploaded (20)

The Vietnam Believer Newsletter_May 13th, 2024_ENVol. 007.pdf
The Vietnam Believer Newsletter_May 13th, 2024_ENVol. 007.pdfThe Vietnam Believer Newsletter_May 13th, 2024_ENVol. 007.pdf
The Vietnam Believer Newsletter_May 13th, 2024_ENVol. 007.pdf
 
How does a bike-share company navigate speedy success? - Cyclistic
How does a bike-share company navigate speedy success? - CyclisticHow does a bike-share company navigate speedy success? - Cyclistic
How does a bike-share company navigate speedy success? - Cyclistic
 
Ital Liptz - all about Itai Liptz. news.
Ital Liptz - all about Itai Liptz. news.Ital Liptz - all about Itai Liptz. news.
Ital Liptz - all about Itai Liptz. news.
 
HomeRoots Pitch Deck | Investor Insights | April 2024
HomeRoots Pitch Deck | Investor Insights | April 2024HomeRoots Pitch Deck | Investor Insights | April 2024
HomeRoots Pitch Deck | Investor Insights | April 2024
 
10 Influential Leaders Defining the Future of Digital Banking in 2024.pdf
10 Influential Leaders Defining the Future of Digital Banking in 2024.pdf10 Influential Leaders Defining the Future of Digital Banking in 2024.pdf
10 Influential Leaders Defining the Future of Digital Banking in 2024.pdf
 
Thompson_Taylor_MBBS_PB1_2024-03 (1)- Project & Portfolio 2.pptx
Thompson_Taylor_MBBS_PB1_2024-03 (1)- Project & Portfolio 2.pptxThompson_Taylor_MBBS_PB1_2024-03 (1)- Project & Portfolio 2.pptx
Thompson_Taylor_MBBS_PB1_2024-03 (1)- Project & Portfolio 2.pptx
 
Pre Engineered Building Manufacturers Hyderabad.pptx
Pre Engineered  Building Manufacturers Hyderabad.pptxPre Engineered  Building Manufacturers Hyderabad.pptx
Pre Engineered Building Manufacturers Hyderabad.pptx
 
2024 May - Clearbit Integration with Hubspot - Greenville HUG.pptx
2024 May - Clearbit Integration with Hubspot  - Greenville HUG.pptx2024 May - Clearbit Integration with Hubspot  - Greenville HUG.pptx
2024 May - Clearbit Integration with Hubspot - Greenville HUG.pptx
 
Shots fired Budget Presentation.pdf12312
Shots fired Budget Presentation.pdf12312Shots fired Budget Presentation.pdf12312
Shots fired Budget Presentation.pdf12312
 
Challenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
Challenges and Opportunities: A Qualitative Study on Tax Compliance in PakistanChallenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
Challenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
 
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 MonthsSEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
 
Jual obat aborsi Hongkong ( 085657271886 ) Cytote pil telat bulan penggugur k...
Jual obat aborsi Hongkong ( 085657271886 ) Cytote pil telat bulan penggugur k...Jual obat aborsi Hongkong ( 085657271886 ) Cytote pil telat bulan penggugur k...
Jual obat aborsi Hongkong ( 085657271886 ) Cytote pil telat bulan penggugur k...
 
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
 
Home Furnishings Ecommerce Platform Short Pitch 2024
Home Furnishings Ecommerce Platform Short Pitch 2024Home Furnishings Ecommerce Platform Short Pitch 2024
Home Furnishings Ecommerce Platform Short Pitch 2024
 
PHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation FinalPHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation Final
 
GURGAON CALL GIRL ❤ 8272964427❤ CALL GIRLS IN GURGAON ESCORTS SERVICE PROVIDE
GURGAON CALL GIRL ❤ 8272964427❤ CALL GIRLS IN GURGAON  ESCORTS SERVICE PROVIDEGURGAON CALL GIRL ❤ 8272964427❤ CALL GIRLS IN GURGAON  ESCORTS SERVICE PROVIDE
GURGAON CALL GIRL ❤ 8272964427❤ CALL GIRLS IN GURGAON ESCORTS SERVICE PROVIDE
 
WheelTug Short Pitch Deck 2024 | Byond Insights
WheelTug Short Pitch Deck 2024 | Byond InsightsWheelTug Short Pitch Deck 2024 | Byond Insights
WheelTug Short Pitch Deck 2024 | Byond Insights
 
JIND CALL GIRL ❤ 8272964427❤ CALL GIRLS IN JIND ESCORTS SERVICE PROVIDE
JIND CALL GIRL ❤ 8272964427❤ CALL GIRLS IN JIND ESCORTS SERVICE PROVIDEJIND CALL GIRL ❤ 8272964427❤ CALL GIRLS IN JIND ESCORTS SERVICE PROVIDE
JIND CALL GIRL ❤ 8272964427❤ CALL GIRLS IN JIND ESCORTS SERVICE PROVIDE
 
A DAY IN THE LIFE OF A SALESPERSON .pptx
A DAY IN THE LIFE OF A SALESPERSON .pptxA DAY IN THE LIFE OF A SALESPERSON .pptx
A DAY IN THE LIFE OF A SALESPERSON .pptx
 
Falcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investorsFalcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investors
 

3 Key Steps before Franchising your Concept

  • 1. 3 Key Steps before Franchising your Concept
  • 2. 1. Determine Suitability Understand the role of the franchisor Establish a proven business model Be clear on “WHY” you want to franchise Develop the franchisor mind-set Do you have the interpersonal skills and attitude to be a franchisor? Contact us for the Franchisor Suitability Assessment.
  • 3. 2. Think Strategically Define your franchise culture Evaluate scalability Create a unique customer proposition Develop franchisee support services Create a business plan for the franchise company Build a financial package for a franchise unit Contact us for assistance in a Strategic Planning session that includes preparing and packaging your concept.
  • 4. 3. Build a Replicable System Protect your trademarks and prepare legal documents Develop your Operations Manuals Develop franchisee and employee training programs Develop your franchise recruitment strategy and systems Identify the infrastructure, technology and supply chain to run your franchise organization Contact us for assistance in developing your Operations Manuals and training programs.
  • 5. About Franchise Mind USA International experience, local understanding. We work with small medium enterprises (SME) and franchisors around the globe, in different industries and at various stages of development. We assist those that are considering franchising by assessing suitability of the concept, developing appropriate franchise strategy and development of systems and strategies including operations manuals, training curriculum and recruitment. Contact us Franchise Mind USA Venu Babla, Director +65 9867-0738 Venu@FranchiseMind.org Visit us at: https://www.facebook.com/FranchiseMind/