How to franchise your business simply, successfully and save tens of thousands of dollars

Want to grow your business, raise capital and know franchising may be an option but you are unsure what’s really involved? Well, franchising is a great way to grow your business, often allowing you to expand locally, interstate and even internationally.

But it can cost thousands, take lots of work and, if you don’t get it right, fail – horribly.

So how do you:

Decide if franchising is right
Find out what needs to be done and the cost
Avoid the pitfalls and find out exactly what franchising is about.

Franchising is not just about preparing the documentation and recruiting franchisees. First you need to get some crucial things right, including budgets, territories and marketing – and it has to be profitable for everyone in the long term. Fail this profitability test and your new franchised business will not succeed. Get it right and it can grow exponentially.

There are Seven Simple Steps to help you franchise your business.

  1. Learn about franchising: How does franchising work?
  2. Work out your businesses feasibility: Is your business suitable? Does it suit you?
  3. Develop you franchise model: Prepare franchise documents and the legal agreements.
  4. Develop your franchisor business: Get your franchisor business up and running.
  5. Establish a franchisee pilot: Operate a franchise outlet successfully.
  6. Recruit your first franchisees: Advertise, select carefully, open the first outlet and grow from there.
  7. Manage your franchise business into the future: Develop the group as a whole, keeping it current and fresh.

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We believe in doing business… …for good

Our quest is to continue to help business owners who want to grow their business into a more valuable asset.

We do this through a number of our enterprises.

Through Franchise Simply® we help business owners who want to grow their business into a more valuable asset through franchising. The team of expert advisors at Franchise Simply® does this this through our simple three step Franchise Success Path which can be delivered in many different ways to suit you. We work closely with our team of leading franchise experts to provide the full range of services to the franchise industry, from carefully crafted legal agreements and operations and procedure manuals, to expert advice on corporate structures, fee structures, territory planning, franchisee support, recruitment and much more…The result - our members implement fast and get everything they need to succeed all in one place. Click here to join our inspiring community of entrepreneurs and you can be our next success story.

We believe in giving back and so a percentage of every program is given to MicroLoan Foundation Australia to help women in Southern Saharan Africa to build businesses and take their families out of poverty. To date we have helped provide over 60,000 loans impacting on 355,000 impoverished people.