Our Franchise Process
Choosing to purchase a franchise is a big decision. There are a lot of factors to consider, and it’s important to make sure that you are doing what’s best for your circumstances.
Our franchise process is designed to help you do just that. We will work with you every step of the way, from initial planning and feasibility studies through to final approvals.
At Franchise Brand Advisors, we want you to feel confident in your decision, and our process is designed to give you the information and support you need to make the best choice for your situation.
Step 1 – Making Contact
The first step in our franchise process is making contact with us. We have years of experience in business and franchising and look forward to working with you during the franchise discovery process. We will discuss your goals, answer any questions you have, and provide you with all the information you need to make an informed decision about franchising with us.
It is important to note that making contact with us does not obligate you in any way. We are here to provide you with information and answer any questions you might have.
Our consultation, and any follow on work we do for you is at no cost to you. We are paid by the franchisors to recruit qualified franchise candidates, so our services are free to you. We believe that an informed decision is the best decision, so we encourage you to take advantage of our knowledge and experience.
Step 2 – Personal Consultation
Once you’ve made contact with us, we will set up a consultation with you. This is an opportunity for us to get to know you better and for you to ask any questions you have about franchising with us. We will also assess whether franchising with us is a good fit for you and your business goals.
The consultation will give you a chance to learn more about our franchise model and how it could work for your business. It is also an opportunity for us to get to know you and your business goals better. We want to ensure that franchising with us is the right fit for both parties before moving forward.
Step 3 – Assessment
After the consultation, we will conduct an assessment of your business experience, financial situation, and other factors. This assessment will help us to evaluate your strengths and weaknesses and start to narrow down the best franchise opportunities for you.
We will take into account your goals and objectives, as well as your budget and areas of interest. We will then provide you with a list of potential franchises that we believe would be a good fit for you
Step 4 – Understanding the Franchise Disclosure Document (FDD)
The next step in our process is for you to begin understanding the Franchise Disclosure Document (FDD). The FDD is a document that contains important information about the franchise, its business model, and what it will be like to franchise with them.
It is important that you take the time to read and understand the FDD before making any decisions about franchising. The assessment process is designed to help you do just that – assess whether or not franchising with a particular company is right for you.
After you have read and reviewed the FDD, we will sit down with you to discuss your assessment and answer any questions you may have.
Step 5 – Time to Evaluate the Franchisor
After you have read and understood the FDD, you will need to evaluate the franchisor. This means taking a close look at their company and determining if they are a good fit for your needs.
You will want to consider things like their experience in the industry, financial stability, and track record of success.
The franchisor should be able to provide you with detailed information about their company, and you should take the time to review this information carefully.
Once you have evaluated the franchisor, you will be able to make an informed decision about whether or not they are the right fit for your needs.
Step 6 – Attend a Franchise Discovery Day
Once you have evaluated the franchisor and decided that you would like to move forward with the franchise process, you will need to attend a discovery day. This is an event held for potential franchisees so that they can learn more about the company and business model. It is also an opportunity for you to ask any remaining questions you have and to get to know their team.
During the franchise discovery day, you will receive more information about the franchise agreement and what it entails. You will also have the opportunity to tour the franchise facility and meet with other franchisees. This is a valuable chance to get first-hand insights about what it is like to be a franchisee and to ask any questions you may have.
At the end of the franchise discovery day, you will have a better understanding of the franchise system and what it takes to be a successful franchisee. This information will help you make an informed decision about whether or not franchising is right for you.
Step 7 – Get a Legal and Financial Opinion
When you are considering franchising your business, it is important to make an informed decision. There are many legal and financial implications to franchising that you should be aware of before you make any decisions.
We recommend that you consult with a legal and financial advisor to see if franchising is right for you. They will be able to help you understand the implications of franchising and make an informed decision about whether or not it is the right choice for your business.
Step 8 – Rely on our Professional Franchise Consultancy
If you are considering purchasing a franchise, you can rely on us to help you through the process.
Our process is designed to help you make the decision about whether or not franchising is appropriate for you.
We will help you understand the pros and cons of franchising, and we will also provide you with information about different franchise opportunities that may be available to you.
Contact us at Franchise Brand Advisors today to learn more about how we can help you make the best decision for your future.
