What Does A Franchise Consultant Do, And Why Would I Need One?
Derek Candelore
Derek Candelore Pittsburgh PA: If you own a business that has proven to be thriving, particularly if you have a retail site, chances are that clients have asked you, are you a franchise? And if you say no, you own the business independently, and they instantly tell you that they would be fascinated in buying it if you were franchising.
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That is often the initial step to a new franchise business. Sad to say, the initial step often can result at the end of a successful business. Paying attention to non-business owners is flattering, but they are not helpful.
The next thing the flattered business owner does is to find information on franchising, sometimes online, but often via a lawyer. The owner needs a dose of reality from a reliable franchise consultant or franchise developer like Derek Candelore with integrity. He has many years of experience as a franchise consultant in his area.
The franchise developer's initial step is to calculate financial projections to determine if the company will make money and how much it will cost to put the wheels in motion.
Derek Candelore starts studying the company's system and how it can best be duplicated, tightening up the processes and documenting them into a set of manuals, overseeing the production of a good marketing program, and working with the lawyer to make a federal disclosure document.
Franchising is a separate venture, an all-new set of support and sales processes. The company's whole staff needs to be schooled carefully in the legal ramifications of this new and complex business. He also helps to establish a new organization chart and manages to hire to take care of the franchising roles and operational sides.
All along the way, the franchise developer is teaching. Never let those amateurs push you down the bad way, and don't let companies who desperately require your business tell you that you must become a franchise. Look for a professional in franchise development like Derek Candelore, with many years of experience, who will tell you the truth and discuss financials before asking you to sign a contract. Always remember that franchising is only for some!
