In a nutshell, here’s what it takes to start your franchise :
1
Discovery and
Recommendation
2
Legal & Operational
Documents
3
Grand Launch
Event
We believe you are here because you already have a successful business model, which we can help consolidate and turn into a successful franchise. Becoming a franchise is an exciting & rewarding process which a business owner with a successful proof of concept can use to grow their business to new heights. More importantly, once you successfully franchise your business model, you will be helping numerous other aspiring business owners fulfill their professional dreams by spreading the fruits of your labor. Creating opportunities for others to find success through your business model will further solidify your company’s brand while creating long lasting positive impacts on the communities it occupies.
If you are a business owner who wants to capitalize on their already successful business model, we will guide you through every step of the process to ensure your business is ready to become a franchise. Firstly, we will go through our first step of discovery & recommendation. This is where we will assist in understanding your business to figure out what plans of action we recommend that will best suit your model. Once this phase of research & understanding is complete, we can then address the legal & operational requirements of starting a franchise by completing the back-end paperwork and documents that will ensure a smooth operation once your business officially becomes a franchise. Then it’s time for the most rewarding step of them all- the grand opening event! Once we’re here, Franchise 360 will build a comprehensive launch event to set your new franchise up for success with the official opening.
We look forward to speaking with you about how we can help you turn your business into a successful franchise!
FAQ
- What steps are involved in becoming a franchisor?The process involves developing a comprehensive franchise system, creating operations manuals, legal documentation, and establishing support infrastructure. Franchise 360 provides end-to-end support to guide you through the entire franchisor development process.
- How can I protect my intellectual property when expanding through franchising?Protecting your intellectual property is crucial when franchising. Franchise 360 helps you establish robust legal frameworks, including trademark registrations and franchise agreements, to safeguard your brand. Our team ensures that your intellectual property is protected as you expand your franchise network.
- What role does Franchise 360 play in marketing and promoting my franchise system?Franchise 360 plays a vital role in marketing and promoting your franchise system. Our experienced marketing team collaborates with you to create a customized marketing plan, leveraging digital marketing, branding strategies, and franchise expos to attract potential franchisees. We help you build brand awareness and grow your franchise network strategically.
- How do I determine the initial franchise fee and ongoing royalties for my franchise system?Determining franchise fees and royalties requires a careful analysis of your business model, industry standards, and the support provided to franchisees. Franchise 360 helps you establish fair and competitive fee structures, considering market trends and the value proposition offered to franchisees.
- Can I convert my existing business into a franchise, and what are the key considerations?Yes, converting an existing business into a franchise is possible. Franchise 360 assists you in evaluating the feasibility of conversion, creating the necessary documentation, and developing a strategy for a successful transition. We guide you through the process to ensure a seamless and effective conversion of your business into a franchise.