Potential Franchisors
Is franchising the right strategy to grow your business?
Many entrepreneurs, who have a successful business enterprise, believe that their model can be expanded through franchising their concept. They are attracted to the idea that they can see their business grow significantly by turning their brand into a franchise business opportunity. Unfortunately, many of these same business owners are not aware of the significant investment and commitment required in developing a successful franchise system.
If you were going to run a marathon for the first time, wouldn’t you seek out an experienced runner who has actually trained, sacrificed and successfully completed the 26.2 mile journey? Likewise, if you are considering franchising your business model, wouldn’t you want to get advice from an experienced business owner who has actually launched a start-up business model, successfully franchised throughout the US and Canada, then sold the enterprise to a public company?
Bill Stephens, President of Frandiscover, LLC, is the former Co-Founder of a successful INC 500 Franchisor who did exactly that. With over 30 years of franchising, business development and consulting experience, we are uniquely qualified to help business owners determine if franchising is the right strategy to grow their business. We have the direct, hands-on experience of developing a franchise company from start to finish. The first step, however, is to have experienced support in helping you make an informed decision on whether to franchise your brand.
Franchise Feasibility Analysis
First, we conduct a thorough review and analysis of your business model, market and competition in order to determine if you should become a franchisor. If after our review we believe that you should not franchise, then we will advise you of our recommendation.
However, should our analysis reveal that your concept can be franchised, and you decide to continue forward with franchising your business, then FRANDISCOVER can help you accomplish the following steps that are essential in becoming a franchisor:
- Development of a Strategic Franchise Sales & Marketing Plan
- Design a Franchise Recruitment and Qualification Process
- Coordination of Franchising Industry Professionals
- Operating Infrastructure to Launch your Franchise Opportunity
Getting Started – Taking the Next Step
For more information and a complimentary discussion, contact us today by emailing or calling 804-852-3490.