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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/

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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/