Products tagged with 'franchise information'

Potential franchisees have questions about franchising. Give them a copy of these Frequently Asked Questions along with their franchisee application package.

• The FAQ topics include:
  • what type of experience and qualifications you need in order to be accepted as a franchisee;
  • management of the franchise;
  • the level of training and assistance provided by the franchisor;
  • marketing and advertising requirements;
  • costs, franchise fees and ongoing royalties;
  • standard terms of franchise agreements;
  • transfer or sale of a franchise;
  • operating procedures and standards;
  • inspections and on-site audits by the franchisor;
  • site selection and construction of the premises;
  • purchasing of products and supplies;
  • sales quota requirements.
• Avaialble as a downloadable MS Word file, which can be easily customized for your franchise business.

Are you planning to franchise your business? Find out if your business model meets the minimum requirements to be a franchisor.

This free checklist sets out the considerations you will need to take into account, including:

• the history of the business and experience of its principals,
• profitability of your business model,
• level of documentation, training and support you're able to provide franchisees.

The free Checklist of Franchisor Requirements was compiled by a franchise specialist.