How to Franchise a Business Affordably?

Franchising offers tremendous rewards to business owners, however, it can often be rather expensive to establish the initial framework to launch a franchise business model.

However, it can be done affordably and you could save yourself an absolute fortune by utilising our D.I.Y Franchising Program ;-)

Please also see "D.I.Y Franchising Package" toward the bottom of this page!

Why Franchise a Business?

Five Benefits of Franchising Your Business

1. RAPID NATIONAL GROWTH

For businesses that experience finance, human resource and property restraints to achieving expansion, franchising can offer a solution by allowing franchisee's to fund the expansion of premises, vehicles or whatever is necessary to grow the business. In return the franchisee is granted the privilege to use the intellectual property rights, knowledge and experience of the franchisor in a truly win-win philosophy.

The expansion and development of a managed business seldom exceeds the rapid growth of a successful franchised business simply because the franchisees provide access to more finance and capital investment to grow the business and remove the requirement to find a salaried manager for operation.

2. INCREASED NATIONAL MARKET SHARE

National coverage can be achieved relatively quickly via franchising if the franchisor provides the necessary support services. As well as capturing market share this will boost the company’s brand recognition.

3. HIGHER SERVICE LEVELS

Regional franchisees operating within their specific territories provide a personal touch to the customer or client which elevates it above company-owned and employee-managed outlets.
The franchisee is granted the rights to sell the products or offer the service under the specific terms and conditions.

The service levels are usually monitored at regular franchisee reviews and through mystery shopping activities. The information received from these sources, plus customer or client feedback, can bring valuable knowledge and experience to promote success and knowledge within the business.

4. SELF-FUNDING EXPANSION

Franchising should become self-funding as the initial costs of creating and providing the franchise - including the training, launch support, site selection, intellectual property rights and software licence - are recovered through the initial investment fees paid by the franchisees. Additionally, the investment requirement to open each operation, including lease, store fittings, vehicles and staff recruitment, is taken on directly by the franchisees.

The ongoing costs of providing support, marketing, sales, websites, promotional activities, products or services, ongoing communications and managing the franchise network will be met by an ongoing management service fee paid to the by the franchisee, usually as a percentage of the franchisee’s turnover. It is important that the support services represent value for money to the franchisee both in the short and long-term success of the business.

The success of the franchise will ultimately be measured by the ongoing trading position of the company. In effect the franchisor is required to make its money on the ongoing products or services provided and not on the initial franchise package fee.

5. INCENTIVISED MANAGEMENT

One of the best elements of the franchise system is the dedication and commitment created in the management element of each outlet - the franchisee - by the fact that they have personally spent a the money, time and effort to start the business and they earn by its success

alone. This commitment is unparalleled when compared to an employee-managed company-owned operation and there have been many situations where franchise operations have outperformed the in-house management unit.

The quality of a franchisee - their abilities, qualifications, skills and experience - will ultimately reflect on the success of the franchise, so taking the time initially to implement an efficient selection process is paramount.

So What is the Next Step? 

Franchising, whilst being a very effective model for business expansion, can often cost you a small fortune to establish a franchising program not to mention the legal costs associated with creating complex franchise agreements and franchise disclosure statements as required by the Franchising Code 1998. In fact, you could often spend many tens of thousands of dollars before you sell your first franchise!

But never fear! We have an affordable and quick start solution that will allow you to eliminate a vast majority of your franchise program establishment costs!

Our Affordable D.I.Y Franchising Solution is just a fraction of the cost you would normally expect!

Our D.I.Y. Franchising Package

This package includes:

• An Australian Franchise Disclosure Document "Guide & Template".
• A Franchise Agreement "Guide & Template".
• "Potential Franchisee" Application and Survey Forms.
• A copy of the Franchising Code for Your Reference.
• Processes and Information Required for Franchising Your Business under the Franchising Code (Australia).
• We will also supply a link to the franchise council of Australia to order a complete guide to creating a franchise operations manual which may cost you an additional $20 to $30 (by credit card - if required).

N.B. No legal or financial advice given! After completing your franchise documents, you should then seek review from your legal council before utilising these documents commercially, but you may well have saved yourselves many tens of thousands of dollars by getting the majority of these processes completed prior :-)

Our D.I.Y Franchise Bundle Package is just $99 AUD !

Want to Order Your D.I.Y Franchising Program Package?

The Please Click Here!