FRANCHISE DEVELOPMENT PROCESS
Let’s say you’ve already taken part in our innovative franchise matching process and you were satisfied with the information and guidance you received – so much so that you decided to go for it and invest in a franchise business. Congratulations on taking the next step toward business ownership and becoming your own boss! So what comes next?
While each franchise business is different, there are a variety of franchise developmentresponsibilities you may need to take care of before you begin operating as the franchisee of your new business. Some of the most common franchise development tasks include:
- Setting up the location where the business will operate
- Attending the selected franchise training program
- Organizing marketing activities to promote the opening of the new business
- Creating and finalizing financial plans
- Interviewing and hiring staff
- Training employees
- Preparing inventory and location
While much of this will be handled between you and the franchisor, your local FranNet franchise consultant can help you establish a plan to ensure that you’re able to complete these tasks successfully and on time. We understand how stressful it can be from the time you decide to purchase your franchise until your first day of ownership. Our seasoned franchise consultants understand the process better than anyone and can help guide you through this exciting yet challenging period.
At FranNet, we believe in lifelong relationships with our clients. Once you’ve opened the doors, we want to see you succeed and continue to help in any way we can. We also value your insight moving forward as we continue to help future entrepreneurs succeed with their franchise ownership.