Building the framework for an emerging franchise system can easily require months of hard work and an investment of $100,000 or more before a franchisor can even begin to recruit new franchisees.
Not only that, appropriately structuring such a program can be a daunting task. It requires in-depth business and financial analysis, diligent documentation of all pertinent business operations and procedures and the careful development of compelling and legally compliant marketing and sales tools. It’s not for the faint of heart and is typically best done with the guidance of experts to avoid making costly mistakes along the way.
