Franchise Development Group - The Service
What Does a Franchise Development Group - The Service Cost?
| Cash Required: | $25,000 |
| Net Worth Required: | $100,000 |
| Total Investment: | $25,000 - $35,000 |
What Options are Available for Buyers?
| Financing: | Available |
| Training: | Available |
Franchise Development Group Franchise Service Information:
Please include the name and/or type of business you want to franchise in the Comments Section.
Expand Your Business by Franchising
As you consider expanding your business keep in mind that of the alternative methods of business expansion, franchising is more than likely the best model for you.
After deciding that you want to expand you need to find out if you and your business are good candidates for franchising.
Franchise Development & Marketing Group can help.
Franchise Development & Management Group will do your franchise legal work, help you develop your business format, including preparation of your franchise operations and training manuals, prepare and administer your Franchise Sales & Marketing Plan and assist you in becoming a franchise company with effective management tools.What does it mean to be ready to franchise?
No one is ready until they have gone through the entire four phase process, but there are many indicators that can help you decide if you are a good candidate. We discuss these with you before you make any decision to move forward.
Initial Consultation costs only some of your time and ours. We can better help you understand what is involved and whether it makes sense for you to pursue further discussions about franchising your business.
Services We Provide
Franchising is always a four phase process and every company who has or will franchise must go through and continue each phase throughout the duration of the franchise process:
Phase I - Legal: Franchise law is governed, at the Federal Level in the United States, by the Federal Trade Commission (FTC). The FTC Rule governs both disclosure requirements and prohibitions concerning franchising and business opportunities. Several states have also adopted franchise and/or business opportunity laws which must be complied with in those jurisdictions before franchises can be offered.Phase II - Operations & Franchise Procedures: It is in this phase that we define and or refine the business format that will be offered. Most franchising today is business format franchising which means that it is the business format that is purchased by the franchisee.
Phase III - Marketing and Awarding of Franchises: In order to sell a franchise it must be marketed in ways that will attract the most qualified candidates. Once leads are generated, then the franchise must be awarded. Selling is an important part of this phase, but requires compliance with federal and state franchise laws.
Phase IV - Becoming a Franchise Company: Since you will be new to franchising it is critical that you understand what it takes to be a successful franchise company. You have obligations to your franchisee and they to you, and you will need to understand them and have in place the necessary management tools to communicate effectively with your franchisees.
Franchise Development & Marketing Group brings all the necessary franchise legal experience, business and operations experience, franchise experience, and franchise sales and marketing experience to take you through each phase of the franchise process.If you are thinking of expanding your business you should consider all the alternatives in order to make an informed decision. We will help you decide if duplicating your business through franchising is a viable option for you.