Are you interested in expanding by franchising your business? If so, it’s important to think like a franchisee. After all, your franchisees are the ones who can make or break your business. Once you sell a franchise and license your company name, your franchisees and the employees they hire are the face of your business, and therefore the source of your success or failure.
Ask yourself this question to ensure you are on the right track with developing your franchise business: What do my franchisees want?
The things that most franchisees have in mind when they go into business with you are simple.
- They want a business that will allow them to make a living.
- They want a business that is competitive.
- They want a business that is fun.
- They want a business that is supported by you, the franchisor and “original.”
- They want a business that is growing.
What you would want if you were a franchisee? Think long and hard about why anyone would want to buy a franchise from you, and how you can build a business that people will want to be part of. Once you’re ready to start franchising your business, we will help you develop a standard franchise agreement, franchise contract, and other necessary documents.
If you are ready to franchise your business, it’s time to hire a franchise consultant who can help you achieve your goals. At Franchise ASAP, we offer experienced franchise development that can enable you to get started selling franchises of your business for as little as $20,000 in just 6 weeks. Contact me today to learn more about developing a small business into a franchise.