Franchisee recruitment
Recruiting a franchisee is time-consuming, by optimizing the recruitment process, the franchisor may avoid expensive experiences.
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Something to have in mind;
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Potential franchisees should initially in the process of cooperation draw up a business plan.
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A franchise prospectus should be prepared as a decision-making basis with, among other things:
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Competitor and market analysis
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Investment plan
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A long-term plan, such as a 3-year plan
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Opening plan and marketing budget
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Financing plan
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Establishment plan
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Overview showing company and ownership structure
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Background check of shareholders associated with the franchisee and possibly reference check
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Confirmation of financing by bank
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Review of the franchise agreement together with the manual early in the process to clarify prerequisites, frameworks, requirements and terms.
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Please contact us for a non-binding conversation - We can assist in the recruitment process.