← 10 Steps to Becoming a Successful Franchisor

Employees-620×480

By Anslem Samuel | Published September 21, 2011 | Full size is 620 × 480 pixels

Ensure you have a proven, successful example of the system you are franchising. An option is to start a pilot program where individuals can operate a location in a different area. Offer them training and support in return for feedback and be prepared to make changes based on that feedback. This will give you valuable experience as you learn how to provide support and training to multiple locations. “We did a gradual increase and learned how to support multiple franchise owners before we fully franchised,” says Ball.

Ensure you have a proven, successful example of the system you are franchising. An option…

(Image: ThinkStock)