Franchising can be a massively successful model for achieving rapid growth – look at McDonalds, and Coca Cola! So how does it work and more importantly, can it work for you?
Franchising is a model could see your growth accelerate enormously. Whilst it isn’t for every type of company – for example, ‘personality’ centred brands, or businesses serving a niche market – if you think your business could function easily in other locations and has a proven track record that can easily be sold to a potential franchisee, you’re on to a winner.
Join us at this roundtable as we explore the options with members who’ve done it and can share their experience, as well as others starting down this road.
Together we’ll explore:
- Licensing and other legalities
- What you’ll receive from a franchisee
- What a franchisee will need from you
- Boosting your brand – the core of the franchise
- Refining your business model to ensure it is repeatable