0500 - Is Your Concept Ready to Be Franchised?

Course Description

Take your concept across Georgia and develop a franchise that operators want to buy. For new franchisors implementing services across multiple locations can be an expensive and time-consuming process.Crafting a business concept in advance can save operating capital and protect small business owners from making poor investments. 

Despite economic changes, well-designed franchises with strong brand recognition and customer loyalty can produce stable and increasing revenue streams.This course will explore core values from local franchises, highlight the initial costs associated with the first year of business, and examine the qualities of great franchisees. Leave with a strategy to expand your brand!

Learner Outcomes

• Explore different types of franchise structures and how they organize operations.
• Discover franchise ownership benefits after selling your brand.
• Prepare proper documentation for franchise agreements.
• Equip your new locations for major expenses.