Franchise A Business: An Introduction

The Franchise Development Centre, part of The Franchising Centre, provides a complete range of consultancy services for practising franchisors and those looking to franchise a business.

It is said that almost any business that can be run as a branch network can be franchised - that's not necessarily true, but if a business is suitable you could grow your network much more quickly and establish your brand using other people's money and enthusiasm. To franchise a business may be the right step for you.

Should I Franchise My Business?

Five-Star Franchising requires:

• A business which is proven to be successful in an established format, with a defined system, and a distinctive name and appearance
• A business which is easily duplicated - which means it can be set up in a sufficient number of locations to create a network which is manageable and profitable
• A business which can be easily learned in a reasonable period of time by someone with the required knowledge, skills and attitude to fit the desired franchisee profile
• A business which creates sufficient profits to satisfy both the franchisor and the franchisee
• A business which has, or can adapt to, a culture of mutual support and trust and in which the franchisor recognises their responsibilities to assist appropriately qualified people to create and operate businesses using a common brand and system

If the above prompts you into thinking "How will I franchise my business?", you will need qualified professional advice from experienced franchise consultants such as The Franchise Development Centre. For further information, complete the form below.