Low Cost Franchises
Fitness Franchises
Adult Ed FranchisesBusiness FranchisesChildren's FranchisesCleaning Franchises & Maintenance FranchisesHealth, Beauty, & Fitness FranchisesHome Franchises - Yard FranchisesPet FranchisesReal Estate FranchisesRecreation FranchisesRemodeling, Construction, & Repair FranchisesRestaurant Franchises & Food FranchisesRetail FranchisesSeniors FranchisesTechnology FranchisesTransportation FranchisesTravel Franchises VetFran Franchises
Mobile-based Franchises
Home-based Franchises
Kiosk-based Franchises
|
How to Evaluate Your Franchise Support
I’ve narrowed my search down to three franchises. All of them promise great support. How can I get a better idea of what I’ll really get from each of them?
That’s a great question. One of the main benefits of being in a franchise system is that you don’t have to figure everything out on your own. With a little research, you’ll find a wealth of information about levels of support. That information will help you pick the franchise system that’s right for you. Before you get started, take a few minutes to think about the word “support” and what that looks and feels like to you. Does it mean someone holding your hand through the pre-opening phase, or does it mean someone handing you a manual and checklist and letting you go? Does it mean an “in-market” field support person living in your market, or are you willing to accept less frequent visits from field staff who fly in from a home office? The better you understand what’s important to you, the more likely you are to get it. Next, check the UFOC for lawsuits, closures, and transfers of existing units. While not a direct indicator of level and quality of support, they can at least serve as an early warning system. If a company has high levels of lawsuits or closures, it’s a good indicator that you’ll want to look at everything a bit more closely - including support. Then, review the list below to determine which items are most important to you. Once you’ve reviewed the list, start talking with the prospective franchisors and their existing franchisees. The more people you can talk to, the better. Finally, look for it in writing. Does the franchisor have manuals for training you? For training your employees? How often are they updated? Do people use them? If not, why not? Finally, remember that no franchise system is going to have everything. A young franchisor will generally have fewer of these, and that’s why it costs less to get into their system. A more mature franchisor will generally have more of these, and that’s why it costs more to get into their system. Here’s the list: Protection of Intellectual Property
Real Estate
Purchasing and Distribution
Marketing
Operating Systems
Training Systems
Business Operations
Enforcement of Standards
You have to find a balance between advice and tools, and getting the job done. To view additional articles on franchise opportunities and compare profiles of more than 1,800 franchises for sale, please visit www.FranchiseGenius.com This publication is copyright 2008 by Franchise Genius LLC. This copyright notice and any embedded links within this publication must remain as part of this document. |
Ideas ![]() ATC Health Care Services $90,000 - $105,000 ATC Health provides health care staffing services, specializing in nurses, healthcare professionals, and healthcare facilities. Since 1991 ATC has been growing and providing “staffing wherever healthcare is provided” through our network of over 40 locations. ATC is a team of innovative people dedicated to providing the highest quality staffing services. more»![]() Bits, Bytes & Bots $15,000 - $37,000 Bits, Bytes, and Bots guides children, ages 6-14, as they embark on journeys in robotics, game creation, and movie making. Bits, Bytes, and Bots offers small classes, afterschool programming, home school classes, summer camps, birthday parties, and workshops. more»![]() PortraitEFX $27,599 - $32,599 PortraitEFX is a location based photography franchise that specializes in providing services to schools, daycares, sports leagues, events, churches and other organizations. Franchisees may also provide other services such as senior photos, weddings and family portraiture. more»![]() Liberty Tax Service $53,800 - $66,900 Liberty Tax provides international tax preparation services. Liberty offers year-round support, free consultation, audit assistance, correspondence assistance, and free copies. Filing options include: cash in a flash, electronic check, electronic filing, paper returns, online tax preparation, and more. more»![]() Doo Care $37,000 - $54,000 Doo Care is a Dog Waste Management service. Doo Care is the number 1 choice for removing pet waste from backyards. Not only are we a dog friendly professional service, we pride ourselves on our environmental pet waste management solutions more»![]() myway Mobile Storage $250,000 - $2,000,000 myway Mobile Storage offers a convenient, secure and affordable alternative to traditional self-storage facilities. Our on-demand portable storage containers are delivered to you. Unlike a rental truck that typically has to be packed and unpacked in the same day, your portable storage container can be filled at your own pace. When you’re ready, we’ll pick up your container and store it in our climate-controlled secure storage facility, or deliver it to your new location. more»![]() Touching Hearts at Home $33,950 - $50,000 Touching Hearts at Home brings help and companionship to seniors and persons with disabilities in their homes. We strive to help individuals live independently for as long as possible, while bringing peace of mind to their families. We do that by providing companionship, care-giving and homemaking services. more»![]() Sign Biz, Inc. $75,000 - $185,000 A full-service, business-to-business visual communications business can be yours! Your business will be part of the world's largest chain of sign companies without royalties! Sign Biz®, Inc. has two decades of unmatched success in building and supporting it's entrepreneurs in 182 locations nationwide and around the globe. Innovators since 1989, we include the nation's first "video sign" program for small businesses with LobbyPOPtm. One of every four Sign Biz shops grosses more than $500,000 per year! SBA financing available! more» |
Knowledge Center
Questions, Comments, Requests?










