As more businesses are searching to expand through franchising, the demand for franchise development is growing. Almost any type of business is franchisable, and with franchisees showing sales in the trillions of dollars, franchising is an amazing expansion opportunity for many businesses, and a great investment opportunity for potential franchisees.
Franchising can increase the lifespan and the growth of your company while saving you time and money during the expansion process. Franchisees are more motivated to make the company succeed when they make their own monetary investment.
Franchise Sales & Support:
Demand & Profitability. Does your company have longevity to remain in business for the long haul or is there a temporary demand for its products and services?
Franchisor Dedication. Are you personally, ethically, and financially dedicated to franchising and to provide ongoing support to franchisees?
Business Model. Does the company design have a proven track record to operate successfully in its locations with growing returns on investment?
Skill Set & Replicability. Can franchisees be taught the business model in a reasonable time to replicate system success?
Expansion potential. Is the development of a franchise at a new location acceptable to franchisor and yet affordable and profitable to franchisees?