Operations Manual
You need to put together an operations manual that includes every single small detail of your business and how it runs. In order to replicate your business, and have somebody else run it – to the same quality and standards levels that you expect – you need to give detailed instructions.
Everything from marketing materials to hiring to sales training and education have to be done in the same exact way. Your operations manual ensures that you are providing the correct instruction to your franchisees.
Legal Team
In order to form your new franchise you will need to fill out a franchise disclosure document. And unless you’re a lawyer yourself with experience in franchising, you will not want to try and do this on your own. This document outlines all the specifics of your franchise, from your intellectual property to your pricing model to the agreement that franchisees will sign with you to buy into your franchise. Having a legal team is crucial for this step. They can walk you through the process and help make sure all of the details of your new franchise are included and written in the proper legal language.
Counsel
In order to make sure that your new franchise is successful, you need a team of people experienced in every area of franchising. You need people that are going to be able to help make sure your franchise concept is replicated correctly. You need someone who can give you advice and direction on which franchisees to allow into your franchise. You need someone who can properly advise you on which markets and locations, specifically, would strategically be best for you to open in, and in which order.
At Upside Franchise Consulting Group, we are that team of people that can provide the guidance needed to make sure your franchise is a success. We help from the very beginning of the process, providing advice on legal services, as well as helping build your operations manual. We help advise you on which marketing programs will best grow your franchise, and even help put them in place.
If you have any questions about franchising a small business, give us a call. We would be happy to help make sure your new franchise is a success.
