Getting started with franchising a business takes careful planning. The golden thread that runs through every brand that our team has developed into a successful franchise is that they have started with laying solid foundations. This begins with a comprehensive data gathering by us and development of the assessment and high-level Franchise Blueprint.
Why Carry Out An Assessment?
When looking to franchise your business, an assessment is the most important investment in the process. The twin goals of the analysis are for AFC franchise consultants to study the business and its market. Then we will identify what modifications may be required to ensure its smooth transfer to a franchise concept. An analysis by our franchise consultants will identify the operation’s systems, corporate strengths and relevance in other markets. There will be aspects that are vital to the success of the business which should be built into the franchise concept. There will be elements that must be tailored to ensure that the franchise relationship is fair and profitable. However, there will also be elements that will not affect the franchise either way. The analysis will recommend whether the latter be included or removed depending on the competing costs involved.
We give open feedback as to the suitability of the business, and its capability, to make progress in expansion by franchising.
AFC Franchise Consultants
When you engage us to conduct an initial assessment, we will consider all aspects of your business. Normally within three to four weeks of a first meeting, your consultant will present and discuss a detailed considerations report. This will help you to crystallise your thinking in all the essential areas. In turn these will be developed to ensure that your franchise achieves your goals.
The analysis should include a SWOT Analysis.
Having identified the best way to proceed, we then recommend a suitable tailored work programme and budget requirements.
This thorough process will allow you to reach a fully informed decision. We will identify the most practical and profitable route for the benefit of your own company, as well as your future franchisees.
Most of our clients engage us to proceed with an initial assessment, before any other development work. It is a perfect way to position your business for franchising without initially spending much money. Or put another way, if it transpires the business is not franchisable you won’t have spent much to find out! As consultants we are honest and if we do not think a business will make a viable franchise opportunity, we will vocalise this.
Want to talk through getting started with franchising with us?
We are always happy to chat, guide and advise on the best steps forward for anyone wanting to franchise a business. You can either call us on 0330 016 0028 or fill in our details via our enquiry form at the top of this page.