Getting You Franchise Ready

We work with you in an advisory capacity to get your business ready for scale.​

We help you determine if your business is franchisable or what needs to happen to be in a position to be franchise ready.

This includes having clarity on the business strategy and product/service offerings to ensure you are operating in a market that has a promising outlook. It is important to have a clearly defined competitive advantage and unique selling point. It's critical that the compass is pointing in the right direction and we will help you find that sweet spot.

We also identify any operational challenges and develop strategies and solutions to streamline operations and drive efficiencies. We will help you polish your business so you have a well oiled machine.

This business makeover will develop a strong foundation for your business that will result in your current unit becoming more successful and profitable. This excess cash can now be put towards scaling your business. All of this is achieved without the need for outside capital investment in the business.

Once the foundation is in place, you are now ready to package your business model and scale through franchising.

Our Process

We understand that every company is at a different stage in their life cycle and is going through different operational challenges. During this process, we provide advisory mentorship to help you get ready to scale your business. Emphasis will be placed on where we both identify where you need the most support.

Review your business thoroughly to identify its strengths and areas for improvement
Ensuring it is clear what the exact need/problem that your business is trying to solve or the particular challenge that you are currently confronted with
Refine and develop your business/idea by going through the process of competitive analysis and identifying your value proposition and unique selling point
Ensuring that your business/idea and product/service address the real underlying problem and need
Establish a clear understanding and be able to quantify the potential size of your market
Identify different monetization strategies that can be adopted and the best approach for your product or service
Streamline the business operations by identifying all blockers and developing practical solutions that can be implemented to drive efficiencies
How to best get your product to the market with as little cost as possible
Understanding unit level economics and how to best present your business model
All Things Franchising. Franchise Model, Legal, Operations, Marketing and how to start the process with different budgets and available resources

What does it mean to be franchise ready?

The franchise business is a SEPARATE business from your current business model. Your current business is offering a product or service such as a restaurant or a home service directly to a consumer. The franchise business grants the rights of your successful business concept to other business owners who will offer those products/services to the end consumer.

The franchise business is about EDUCATING and TEACHING OTHERS how to operate the business. It requires its own business plan and resources to be successful.

There are four main pillars to be franchise ready:

Franchise Model

Identifying the franchise model including initial franchise fee, royalty, territory size and other key commercial terms

Legal

Preparation of the Franchise Disclosure Document, Financial Audits, Franchise Agreement and various state registrations

Operational

Assembly of adequate documentation and training manuals to be able to teach someone how to operate your business successfully and offer ongoing support

Marketing & Sales

Implementing a marketing plan to market your franchise to obtain new franchises who are interested in joining and having a streamlined sales process to sign them up


We will help you prioritize what are the appropriate steps in each of the above pillars according to the phase that you are in and with the available resources.