If you’re asking yourself, “Is my business ready to franchise?” you’re in the right place. Accurate Franchising, Inc. is here to provide a range of comprehensive services designed to help grow your brand. By delivering outstanding support, compiling data into a Franchise Disclosure Document, or finding your first buyer, our range of franchise consultation services can help you achieve your goals and beyond.
Is Your Business Ready to Franchise?
Franchising your business is a really big step. Even harder is going it alone. Accurate Franchising is here to help you determine if your business is ready to be franchised, and we can offer a variety of franchisor services to take your business to the next level.
Questions to Ask Yourself
Clients who approach us with the idea of franchising are often looking for a cost- and time-effective way to do so. There are four main questions we’ve developed that can help you determine if your business is, in fact, ready:
- Has someone asked you if your business is a franchise? These prior franchising inquiries are a huge indicator that franchising is worth looking into. The customers who present these questions are often interested in owning and investing themselves.
- Do franchise competitors exist already in your field? It can be difficult to find an industry that doesn’t already have a franchise opportunity, but that’s not a bad thing—competitive analysis can show that franchise competitors indicate that your business may have success in franchising and room to grow.
- Can your business be replicated with a novice business owner? The strength of your concept and business model will show if your business can be easily taught and if it’s a good candidate for franchising.
- Could your business start in a new city and become as profitable in a given amount of time? This question, like question three, alludes to your franchise profitability and the necessity of working in diverse circumstances. If your business only works successfully in one location, franchising may not be the best option for you.
Let’s Get Started
Our decades of experience have helped us narrow down the process into three easy steps. Phase One is an initial assessment where you’ll ask yourself the hard questions about your business. Together we can decide if it’s viable to franchise your business, and if so, help you get started.
During Phase Two, we’ll work with you to develop the infrastructure necessary to transition from a single business to a franchise. Our team of experts will create a personalized franchise plan that includes: designing corporate imagery, strengthening your company’s branding, ensuring your rights to your intellectual property, creating a franchise business plan, making financial projections, obtaining franchise lawyers, and producing training programs, operations manuals, and materials.
In the final phase, Phase Three, we execute the plan with the resources and tools we prepared in Phase Two. With marketing and sales, we can help recruit franchise owners and help your business grow.
Accurate Franchising, Inc. provides everything you need to figure out if your business is ready to franchise.
Contact us today to learn more about how Accurate Franchising can help you answer the question, “Is my business ready to franchise?”