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ADVANTAGES OF
FRANCHISING
For
Consumers
Consumers like to purchase products and services from
familiar names with reliable standards of service and
quality. They like to deal with businesses where the owner
is on-premise.
The
Franchise Company
Expansion Capitol -
Franchisee makes the investment for a new brand, not you.
Rapid Growth - The
franchise buyer provides "dedicated" management freeing up
the franchisor's time to open more units.
Strong On-Site Management -
The franchisee has more dedication than a company employee.
Customer satisfaction is superior while maintaining quality
standards.
You don’t have to deal with
Day-to-Day Operations - The franchisee deals with
the everyday operations. They take care of employee
problems, hiring, firing, etc.
Less Overhead -
Since the franchise owner takes care of the daily
operations, the parent company’s structure for franchise
units is smaller compared to company-owned units.
Penetrate the Market at a
Faster Pace – The more branches, the quicker your
brand reaches the public.
Larger Sales Numbers-
Individual unit sales increase when converted to a franchise
system. Since the owner is on site, a typical franchise unit
will have higher sales than a company-owned unit.
McDonald's® says, "We've discovered that the franchised
restaurants do better than the company owned."
Captive Market - A
dedicated captive market to manufacturers.
Makes Some Money! -
Cash in on your experience and knowledge by selling it to
others.
Global Account
Opportunities - Vendors lend themselves to serving
regional or national accounts, whereas a local independent
couldn't service a national account.
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IS YOUR BUSINESS
READY TO FRANCHISE?
Credible:
Does your company have experienced management? Does it have a
track record over time? Is the business concept proven? Have
your achieved good local press or public acclaim?
Unique: There
should be an apparent distinction between your business and your
competitors, in terms of products and services, marketing, cost,
or target market. Is it
marketable as a business opportunity? Does it have a sustainable
competitive advantage?
Streamlined
operations: The system and business model should be
easy enough to be learned in a short time frame (3 months or
less). Are the systems in place? Are operating
procedures documented?
Adaptable and in
demand: The concept should adapt to many locations and
there should be a demand for their products/services.
ROI: A
franchised business should have enough profit after paying fees
and royalties to earn an adequate return on investment. It’s not
just about profitability—if a business can't generate a 15 to
20% return on investment after deducting a royalty (typically 4
- 8%) it is going to have difficulty keeping a
franchisees happy.
Strong management:
The most successful company will fail without a strong
management team in place.
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CONSULTING
SERVICES
Fundingdocuments.com
has chosen to partner with a specialist in the field of
franchising businesses. Our partner shares our same
flat fee pricing structure, and clients receive the below
services as part of the basic package:
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Preparation of all disclosure documents
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Preparation of Franchise Offering Circular
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Preparation of all Franchise Agreements
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We Design & write your Brochures and Information Packages
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Continued assistance in the promotion of your Franchise
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Continued advertising assistance and guidance as to where
and when to advertise, and assist in preparation of
advertisements.
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Continued support on any topic related to Franchising,
licensing, etc.
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Assistance on solving any issue with any Franchise or
distributor.
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Advisory role for any growth strategies or business plans to
be undertaken.
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Assistance for implementing and structuring of your
franchise organization.
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24 hour 7 days a week "On Call" status.
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State filings for any required states.
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Assistance in planning your operational systems.
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Continued assistance in the sales of Franchises or
distributors
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Assistance with any operational manuals, etc.
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Franchising Sales guide and manual: Written by us to guide
you in selling and managing your franchises.
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All Forms and Procedures needed for outlet reporting and
management.
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Projections, Feasibility Studies
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Franchise Sales, Training and Consumer Sales Videos
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Master or District Franchise Programs
Please
click here to email us directly for further information on
this exciting franchising program. |