Develop Your Franchise Structure to Help Your Owners Succeed
If only franchising were as easy as waving a magic wand and saying the magic words: “I am ready to expand my business with new franchise locations.” The bad news is it isn’t quite that easy. The good news is working with Accurate Franchising, Inc. makes it almost that easy. We are the experts in franchise development services, and we can help you set your brand up for success.
Key to franchise development is creating an infrastructure that your owners can use to succeed. Remember, your success as a franchisor comes from their success as franchisees, and the infrastructure of your franchise opportunity is the foundation on which they build. If you give them the tools for a strong business, they will be able to build one.
Building your infrastructure includes everything your franchisees need to run your business in their territory. Some of the infrastructure items include:
- Registration and documentation to meet your state’s laws
- Franchise agreement and/or other contracts
- Franchise disclosure document
- Operations manual
- Brand policies and procedures
- Determining territories and exclusivity
- Franchise fees/royalties
- Training and support
It’s All About the System
Put simply, your system is what makes you appealing to investors. Franchise development is key to franchising your business or strengthening your existing franchise, because this is the stage when you are creating the tools that your franchise owners will use to succeed. Things like your operations manual, training programs, and other support resources show your prospects that you are serious about helping them thrive.
The system is one of the biggest differences between company-owned growth and franchising. When you open company-owned locations, you may not need to develop the infrastructure, but you do get to deal with all the stress of financing everything on your own and remaining a hands-on owner of all locations.
Appeal to Investors
Potential investors are looking for a comparatively safe business opportunity. If they wanted to do everything on their own, they would start their own businesses from scratch. The system that you have to offer them is a major selling point, so it is important to get it right.
The bottom line is you want aspiring entrepreneurs and investors to be interested in your business. In the franchise development stage, we will help you create the system that is so appealing to would-be franchise owners. From there, we set your growth in motion with an expert sales and marketing strategy that finds you qualified buyers.
AFI’s franchise development services will help you get your ducks in a row so that you can show your prospects what they have to gain by joining your system. Next, we will help you as you train and support your franchisees so you can hold up your end of the bargain and help them succeed.
Get started with our expert franchise development services today to up the ante on your franchise opportunity. Fill out the form to get in touch!
blog / latest news
Partnering with Accurate Franchising is a great move for entrepreneurs who are looking to expand their brand by becoming franchisors. Franchise development is key for any business that’s looking to take the plunge into franchising. At Accurate Franchising, we offer a number of key services that are designed to prepare you and your business to…Read more
Are you a successful entrepreneur deciding whether to franchise your business? If so, you’ve come to the right place. Accurate Franchising has been helping business owners like you break into the franchising world for more than 30 years! All of our experience has given us a pretty clear idea of what franchisors need to be…Read more
Have you been considering franchising your business? If so, you’ve identified a great way to expand your brand without the hassle of personally overseeing the management and operations of every location. For more than 30 years, the team of experts behind Accurate Franchising have been helping grow franchise brands. Today, we’re currently serving more than…Read more
Recently, a brand new and spectacular Venture X franchise opened its doors in Plano, Texas. The grand opening event was one to remember as visitors flooded through the facility to check out everything it has to offer. Hundreds of visitors and VIPs were there to witness the unveiling of the largest, most impressive Venture X location…Read more
You are the owner of a successful and growing independent business. Your profits are soaring, your employees are happy, your productivity is high, and it is time to expand. You can grow your business in two ways: opening new corporate-owned locations or franchising your business. How do you decide? Learn the difference between franchise and…Read more
Finding qualified buyers for your franchise system takes a fair amount of work and due diligence. As a franchisor, you can’t simply award franchises to anyone who’s willing to give you money; you need to be selective, choosing people who will help your brand succeed. A good place to start is with your lead generation…Read more
Accurate Franchising, Inc. Is the leader in franchise consulting and we are excited to help our clients grow their franchise systems! We work with clients in every industry to expand their brands with franchise locations. With the help of a franchising consultant from AFI, you can meet your business’s growth goals. Skeptical on whether you…Read more
If you plan to recruit owners and sell franchises, you need to be prepared to answer the burning questions that your prospects will be asking. As you franchise your business, part of your preparation will be anticipating these critical questions and preparing the answers that your prospective franchisees need. Here are a few of the…Read more