Turn a successful business into a scalable franchise.
You built your business through experience, hard work, and countless decisions. Now you are considering the next step: can your business be successfully replicated through franchising?
Global Franchise helps entrepreneurs determine whether their business is ready for franchising and, when franchising is the right strategy, transform the concept into a structured, scalable, and market-ready franchise system. Our approach is never copy-and-paste. Every franchise project is tailored to the business, its strengths, its market, and its growth objectives
- unique selling proposition
- success ratio in your industry
- credibility
- integrity and commitment
- public acceptance
- potential for national adaptability
- goods that are proprietary
- profitability
- organization
- financial control
- cash requirement
- monitoring system
- facts that exposed the business publicly
Once the opportunity is validated, we develop the strategy, structure, and tools required to transform the business into a franchise system ready for growth.
Your business has already proven its potential. We build the structure to replicate it.
Also, take in consideration the following Pros and Cons
- Franchises offer franchisors quick business growth primarily funded by franchisees.
- Franchisors earn a certain percentage of each unit’s gross profit.
- A franchise system’s expanded network can combine marketing and advertising power, as well as the ability to capitalize on new opportunities.
- Hiring, unit operating expenses and lease arrangements for the new site are “typically” the franchisee’s responsibility.
- Franchisors incur the expense of legal and regulatory fees, which may be impractical when a company is suited only to limited expansion.
- Franchisors must invest considerable time and resources in the franchising process before realizing a profit.
- Franchisors must set standards for attracting qualified franchisees and systems for closely monitoring all units in their networks.
- Write a detailed business plan that includes a business history, current market analysis, company vision and financial projections.
- Consult with Global Franchise before registering a trademark, hiring attorney, developing a marketing plan or corporate id, hiring and advertising agency, writing manuals and training programs. Laws and regulations vary from country to country, states and industries.
- Register your trademark or service mark to protect against infringement.
- Consult with a qualified attorney with expertise in franchising and intellectual property.
- Complete legal documents in a thorough and timely manner.
- Develop a marketing and advertising strategy that establishes a uniform company look and customer experience.
- Write operating manuals and create a standardized training program.
- Establish initial and ongoing support for franchisees, including maintaining continuous involvement and communication.
- Develop a management team to help open new franchises and offer advice to franchisees about site selection.
