The 5 Steps of Franchising with FranchiseTeacher.com


Step 1: FranchiseTeacher.com provides a FREE consultation for those looking to buy a franchise, turn their existing business into a franchise or grow their existing franchise concept. While each of these three strategies have their own unique marketing strategies, FranchiseTeacher.com will address each approach in a specialized manner.

Step 2: Once an opportunity has been identified, either Chris or Dave will follow up with an email or phone call. During this initial contact, a link to a brief personality assessment will be emailed to you. The free consultation will be scheduled upon completion of the personality assessment to ensure FranchiseTeacher.com recommends the best strategies moving forward based on your strengths and interests.

Step 3: The next step in the process after the free consultation will be identifying the right franchise opportunity for you if you are interested in purchasing a franchise or setting up the feasibility study if you are interested in franchising your concept or growing your existing franchise.

Step 4: FranchiseTeacher.com will take you through all the steps necessary to completing the operational and legal tasks associated with the franchise opportunity and will provide you with an integrated operations, customer relation management and marketing solution.

Step 5: Ongoing teaching, coaching, consulting and advising will continue to evolve and scale with your business so that you can focus on your business with the confidence that FranchiseTeacher.com provides with their franchise management program.

FranchiseTeacher.com uses three categories; “Start-Up”, “Young” and “Mature”, as guidelines for assessing which category the franchise system is currently operating. We can then offer individualized services designed to help get them where they want to be. Below are just some of the services we offer for each of the categories.

"Start-up"

“Start-up” franchise systems—those with 0 to about 25 franchisees or who have been franchising for less than 3 years; looking to launch or grow to the first critical level. Areas we can assist in as well as services we can provide:

  • Franchise-Ability Review (is your concept franchise-able)
  • Review & Evaluate Existing System, Infrastructure, Launch & Growth
  • ​Strategies
  • ​Refine, Develop & Implement the Launch & Growth Strategy Plan
  • ​Budgeting
  • ​Franchise Development & Recruitment (in house and 3rd Party
  • ​Franchisee Recruitment Teams™)
  • ​Lead Generation & Tracking Programs
  • ​Franchisee Candidate Criteria
  • ​Training & Support (initial & ongoing)
  • ​Operations Review (franchisee & franchisor)
  • Profit and loss analysis
  • ​One on One & Group Coaching
  • ​Site Selection, Lease Negotiation Assistance
  • Ongoing review and adjustment of programs & strategies
  • Developing Royalty Money Stream

"Young"

“Young” franchise systems—those with up to 150 franchisees or have been franchising for less than 5 years; looking to take the next step and grow the system to the next level. Areas we can assist in as well as services we can provide:

  • Evaluate existing system infrastructure and strategy
  • Conduct a SWOT analysis
  • Develop, Implement “Next Step” Strategy Plan
  • ​Budgeting
  • ​Franchise Development & Recruitment (in house and 3rd Party
  • ​Franchisee Recruitment Teams™)
  • ​Lead Generation & Tracking Programs
  • ​Franchisee Candidate Criteria
  • ​Training & Support (initial & ongoing)
  • Operations Review (franchisee & franchisor)
  • ​Profit and loss analysis
  • ​One on One & Group Coaching
  • ​Site Selection, Lease Negotiation Assistance
  • Ongoing review and adjustment of programs & strategies

"Mature"

“Mature” franchise systems—those with over 150 franchisees or have been franchising more than 5 years; wanting to revitalize the brand, expand into other concepts, take the system to the next level, sell the system or maximize ROI from the current structure. Areas we can assist in as well as services we can provide:

  • Evaluate existing system infrastructure and strategy
  • Conduct a SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis
  • ​Develop, Implement “Next Step” Strategy Plan
  • ​Franchise Development & Recruitment (in house and 3rd Party
  • ​Franchisee Recruitment Teams™)
  • ​Lead Generation & Tracking Programs
  • ​Budgeting
  • ​Franchisee Candidate Criteria
  • ​Training & Support (initial & ongoing)
  • ​Operations Review (franchisee & franchisor)
  • ​Profit and loss analysis
  • ​One on One & Group Coaching
  • ​Site Selection, Lease Negotiation Assistance
  • Ongoing review and adjustment of programs & strategies

Find out how Franchise Teacher will help you secure your franchise opportunity. Feel free to visit us on Facebook, If you really liked this article, +1 above – check us out at +franchiseteacher (Google+) or send us a tweet to say hi. If you have any more questions please feel free to fill out our form on the contact us page.