Franchise Development is the process of legally going from the “single owner/small business model” to the “franchise model”.
It sounds really easy. I mean, you already know how to run your business successfully and make a profit — how hard can it be to teach someone else the exact same thing?
You just sign some papers, form a new corporation and BAM! you’re in the franchise business, right?
Well, in a word, no. In the real world, it’s a complicated process that you need a lot of support to complete.
Not only do you have to review every aspect of your business and make sure it’s duplicatable and scalable, but you also have plenty of work to do with your numbers (business finances) and a load of legal stuff — like getting an FDD completed.
This is all before you actually go out there and try to sell it to someone else.
To successfully franchise your business without losing your mind (or your hair), you need a team of experts behind you. The Flynn Franchise Group IS that team. We work with you to make sure you’re ready to franchise, and that all the i’s are dotted and t’s are crossed before you launch.
We take an unbiased “third-party” look at your business to first help you understand it’s franchise potential and how to move through the franchise process. Then, we sit down with you and your employees or partners and create the system you’ll use to guide new franchisees to success.
The biggest moving parts of the development process are:
- The Franchise Disclosure Document and Franchise Agreement (otherwise known as the FDD)
- The Operations Manual (the complete how-to on running your business)
- Franchisee Training and Support Programs
Once we’ve completed your system and everything is approved by you and the legal guys, we’ll help you launch your franchise and work with you to sell locations for at least the next 2 years.
We have a vested interest in you, the business owner, and helping you reach your financial and business goals through franchising. We succeed when YOU succeed (so, we make sure you succeed!).