Resources FAQs

International franchise advising firm with offices worldwide representing franchisors in over 80+ countries

Our Knowledge,

 Your Strength 

As experts in franchise growth, Accurate Franchising, Inc. has a wealth of resources available to help our clients at any stage in their franchise journey. Whether you are considering franchise growth for the first time or you want to expand even further with an improved strategy, our experts are here to help.

We use our industry knowledge, virtually limitless connections, and the most up-to-date growth strategies to turn your business into a franchise success. Check out some of the resources available to you.

New to franchising?

If you run a successful independent business and you’re trying to decide how to maximize your growth and take the next step, it is time to consider franchising.

It is as important to us as it is to you that your franchise endeavors succeed. Because of that, we take the time to help you determine if your business is fit for franchising with our franchise feasibility study. We won’t work with just any business – we don’t want you to waste your time or money on our services if franchise growth simply isn’t going to work for your business, which is why we do the feasibility study first.

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Want to Improve your Franchise Brand?

Running a successful franchise company on your own is no easy feat. Whether you have just one franchisee or 100, you and your franchise owners can benefit from our experience.

Let Accurate Franchising, Inc. help you meet and exceed your brand’s goals by strengthening your lead generation and marketing strategies, improving your sales tactics, and guiding you through the newest franchise development strategies. Looking into international franchising? We can help with that too! 

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line we can meet you locally

How Do I Grow?

Franchise vs. Corporate Owned

Our answer shocks most people when we say, “If you can afford to grow corporately, then you should do that! It is 100 percent risk and 100 percent reward”.

But the truth is, most business owners simply cannot afford to self-fund multiple locations or maintain the infrastructure to grow outside of their own city.

Here are several questions that we like to ask our clients when they ask the question above:

  • How much would it cost to open another location or market for your business?
  • How many locations would you like to open in the next five years?
  • What’s the total cost of the amount above?
  • Do you have the time, money, resources, or staff to manage that process?

After answering these questions honestly, you may find that expanding your business through franchising will be a good fit for your business.

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Accurate Franchising, Inc.’s Expertise

Put simply, there is no franchise consulting agency with as much experience or knowledge as Accurate Franchising, Inc. We are the only company in the industry that owns and manages our own franchise brands. This firsthand experience marketing, generating leads, supporting owners, and more set us apart in the industry.

Learn what a franchise consultant does for you and how you can benefit from our expertise.

Am I Ready to Franchise?

How to Know

One of the questions we are most frequently asked by clients is, “Is my business franchise ready?” Clients who are ready to grow their companies often see franchising as a cost- and time-effective way to do that, so they are eager to know if their businesses are good candidates for franchising.

Once you have determined whether your business is franchisable, you can go forward with a growth strategy that works best for you.

There are four main questions you need to ask yourself to determine “Is my business franchise ready?”

QUESTION 1

Has ANyone Asked if Your Business is a Franchise?

 This is typically the first question we ask our clients, and this is a huge indicator that you should at least consider looking into franchising your business. When people are inquiring about whether your business is a franchise, it is often because they are interested in owning and investing themselves.

If you have been asked this question more than once, you know that there is some interest in franchising your business.

Is my business is franchisable?
A thriving small business is a good place to start! Your business also needs to be easily replicated in a variety of locations, appealing both to consumers and to potential franchisees. On top of that, it needs to be profitable for the franchisee as well as you, the franchisor.
IS FRANCHISING THE RIGHT GROWTH STRATEGY?

Your business also needs to be easily replicated in a variety of locations, appealing both to consumers and to potential franchisees. We’ve done the homework, and we want to learn more about your business.

If you are wondering if a franchise growth strategy is right for your brand, check out our guide!

Is franchising feasible?

If you’re interested in franchising, we can help you determine whether now is a good time to make the transition. Accurate Franchising, Inc. conducts a free Franchise Feasibility Study for anyone who cares to fill out the necessary information.

We’ll utilize our demographic and marketing knowledge to do some research and help you determine if you’d like to move forward by franchising your business. The results can give you greater insight into your business model, the demand for your products and services, and the sustainability of your growth

PErfecting your franchise plan

 Franchising a business is an exciting and challenging process, one that requires a solid understanding of the important steps involved. It doesn’t happen by itself and it doesn’t happen overnight.

It’s important to partner with a franchise development consulting firm that has the experience and the expertise to help you at every stage of your franchising journey. At Accurate Franchising, Inc., we’ve been helping businesses grow for three decades, including the eight franchise brands in our own portfolio, and we can do the same for you and your business by:

  • Designing corporate imagery
  • Strengthening your company’s branding
  • Ensuring your rights to your intellectual property
  • Creating a franchise business plan
  • Producing training programs, operations manuals, and materials
  • Making financial projections
  • Obtaining franchise lawyers

QUESTION 2

Are there Franchise competitors in your field? 

The truth is that it is hard to find an industry that franchising does not already have a presence in; this is not necessarily a bad thing! If there are franchise competitors in your same industry already, that indicates that your business may have success in franchising.

Even better, franchising typically dominates the spaces that it gets in, so your business has a lot of potential to grow.

QUESTION 3

Can your business be replicated with a novice business owner?

There’s a lot more that goes into executing a franchise plan than simply waving a magic wand and pronouncing, “I’m ready to franchise my business!”

Finding Franchisees Who fit

At Accurate Franchising, Inc., we help businesses like yours expand rapidly through franchising to reap the rewards for both franchisees and franchisors. We can help you franchise your business and along the journey to help it grow.

Franchisees are your ambassadors, extensions of your brand, and your representatives, so it’s important to choose them very carefully. This means being a bit picky. It’s one thing to meet a prospective franchisee who is enthusiastic about your business and has the financial means to make the investment, but quite another to find someone with the business acumen, experience, and work ethic to make the franchise successful. Franchisees with a willingness to learn, ability to adapt to your proven system, and who have solid communication skills to interact effectively with staff and customers, will really help grow your franchise empire.

Discover YOur Profitability

We want to give you all the tools to determine risk vs. reward based entirely on your situation!

Of course, one of the most appealing aspects of franchising is maximizing profit across a wide-range of locations. We get the same question all the time, “How much money can I make if I franchise my company?”

Now, we want to help get business owners the answers they need on their own time. That’s why we created the franchise profitability calculator!

Simply plug in the relevant numbers for your business and find out your potential annual revenue! This easy tool is a great starting point as you explore the idea of franchising your business.

So, if you are wondering if your business will be profitable as a franchise, check out our franchise profitability calculator!

 

 

QUESTION 4

Could your business start in a new city and be profitable?

Similar to question three, this question alludes to the necessity of your business working in diverse circumstances. If your business will only work in one location or community, then it is not fit for franchising. However, if your business meets a universal need in a variety of locations and circumstances, then franchising is likely going to be the best expansion option for you.