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Simple Six-Step Process to Find a Franchise

SIMPLE SIX-STEP PROCESS TO FIND A FRANCHISE TO MEET YOUR NEEDS, EXPECTATIONS AND GOALS 6. Make your final decision The last step, of course, is making the final decision. Like any major decision, you will be filled with anticipation and anxiety, excitement and fear. Those are normal feelings expected in that situation. But if you've done your homework and followed the steps as outlined, you will feel secure with your decision. Congratulations you're ready to be a franchisee! Investigate the franchise concept(s). Follow these key steps to conduct a thorough franchise concept investigation: Participate in franchise concept introduction and other calls or webinars. Review all the materials that are provided. Review the Franchise Disclosure Document. Conduct validation calls with franchisees. Attend a discovery day at the franchise concept's headquarters. 4 Narrow down the concepts you plan to investigate. You find the right franchise through the process of elimination. Investigating franchises can be very time consuming. Narrowing down your consideration set make the process more efficient and more enjoyable. 3 Determine what is important to you and what goals you want to achieve Consider franchises that deliver your key characteristics and goals Before you can identify the franchise that is right for you, you will need a clear idea of your goals and values. You are making a major life change, so consider carefully what you want to get out of the venture. You must keep an open mind when considering franchise opportunities. The concept you would have never considered just might be the one that will offer the key characteristics that are important to you and provide the path to achieve your goals. Consider all types of franchises in multiple industries. Leverage the services of a franchise consultant. Franchise consultants serve as a valuable resource by guiding you through the franchise selection process. They work hard to create the most benefit for you. The best part is that in most cases a franchise consultant's services are free Winning to you. FRANCHISE SOLUTIONS

Simple Six-Step Process to Find a Franchise

shared by winningfranchis... on Nov 15
Simple six-step process to find a franchise to meet your needs, expectations and goals. Following these six steps will help you determine which type of franchise is right for you.


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