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- Establishing
a new franchise company is a complex and serious
endeavor. In addition to addressing compliance
with the many laws governing the field, there is
the reality of assisting new, inexperienced
franchisees on a daily basis. You can never
forget that you will be assuming the
responsibility for the success of these
individuals who have placed their trust in you.
They are investing their savings in their life
long dream of owning a business, and they are
counting on you to make their dreams come
true.
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- Therefore,
you must provide them with the best possible
vehicle for their success. As an accomplished
business person you can probably create many of
these items yourself, but having expert guidance
overseeing the assembly of your new franchise
company greatly increases your, and your
franchisee's, chance for success.
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- Following
is a list of items on which you can obtain
assistance through The Conceptual Edge:
- Operations
manuals
- Sales
materials
- Brochures
- Sales
video
- Trademark
protection
- Franchise
registration
- Feasibility
studies
- Financial
projections
- Marketing
plans
- Sales
training
- Assistance
with sales process
- Lead
generating advertising
- Preparation
of documents
- Assistance
with hiring
- Problem
solving
- Foreign
licensing
- Training
programs
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- Many
of these items may already be partially
developed and in use by your company. If so,
they may need only fine-tuning to become an
effective franchising tool.
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- YOUR
INVESTMENT IN THE FUTURE
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- Each
company is unique and each assistance program is
tailored to the needs of the company, therefore,
it is impossible to publish a general fee
schedule. However, as a point of reference,
typically the program that gives the new
Franchisor the opportunity to install hundreds
or even thousands of Franchises will cost less
to create than the income generated by only one
or two units over the lifetime of their
contracts.
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- Therefore,
your return on the investment for developing
your franchise program has the potential of
being quite substantial.
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