Whether or not to franchise isn’t an easy decision. You’ll need to consider the business issues and weigh the pros and cons from an informed perspective.
Franchising as a rapid expansion tactic is one of several options you should consider for it’s tremendous potential to grow your business quickly. How does franchising work? The key is in the creation of systems which can be duplicated through training and support.
Taking into account the various factors that contribute to the success of a franchise program, we have identified eight keys to franchisability, against which you can measure your business: