Franchising Stages
According to experts at Francizare.ro, franchising unfolds in 5 stages:
- Franchise Development Plan
- Pilot Operation
- Operating Manuals
- Franchisee Recruitment
- Support Systems
Development Plan
A comprehensive business plan for the franchise must be drafted. It will include aspects such as:
- franchise structure
- ideal franchisee profile
- franchise territories
- impact on personnel resources
- proposed franchise model
Additionally, a thorough financial analysis is necessary, allowing for forecasts for both the franchisor's and the franchisee's business...
What a Franchisee Looks For
According to experts at Francizare.ro, a good franchisee will choose a business that:
- is already proven
- is profitable
- has a registered trademark
- has documented procedures
For more details on optimizing your business for franchising, consult the specialists.
Advice from Specialists
The Francizare.ro platform has specialists who can guide you through the franchising process.