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In case you take a look at the full spectrum of help and advice out there that can assist you franchise your enterprise, it is vast and varied. At one end of the scale you've gotten DIY templates which are designed to be tailored to suit your personal business. At the other end of the scale are skilled franchise improvement consultants who can do the give you the results you want, drive the process and see the mission through to completion.
Every strategy has its merits and the main appeal of the DIY strategy is in fact it's low cost. But can you actually take a bunch of standard templates and turn them into the kind of documentation you need for great franchising?
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Well, there may be multiple point to consider here:
Firstly, it takes more than documentation to develop a strong model for successful franchising and this is a topic I will return to a different time.
Secondly, it depends upon the quality of the templates themselves. If they are simply standard paperwork with the company name removed and missing any kind of guidance they could possibly be next to useless. Particular warning should be given here about franchise agreement templates. There isn't a such thing as a regular franchise agreement. Fairly apart from common modifications to the regulation and finest practice, how can a franchise agreement for a sit down restaurant be the same as one for a garden services franchise?
Thirdly, it depends upon the level of data and expertise you've gotten in franchising. Franchising is a business discipline all of it's own which may solely be learnt via experience of working in the franchise industry. And no, deep business expertise outside of franchising is not going to put together you to either develop or handle a franchise system, despite the fact that you assume it may.
Lastly, do you actually have the time and power to be developing a franchise as well as operating your personal business?
The best solution is a franchise templates package deal that's of top quality, covers all the vital areas, gives comprehensive guidance and can be tailored to all franchise types. It must also guide you thru developing the content of a franchise agreement and then point you in direction of a franchise business specialist lawyer to complete the task and ensure that you've got a strong and water tight franchise agreement.
Of course, you will not actually know if you are able to do all of this until you try - and that's the gamble. Whether or not to take the possibility on buying an off the shelf templates package and finding out it is not the precise route for you.
In an excellent world there shall be a franchise advisor out there that may let you try their franchise templates package deal and if it doesn't give you the results you want, refund your cash and supply a full consultancy service that can assist you see the project through.
Can You Actually Use An Off The Shelf Templates System To Develop A Franchise?
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