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Congratulations on taking the first initiative to Franchising your own business, which is certainly a great way to expand your Business without having to invest your own money, or create more work for yourself by delegating them to other Entrepreneurs who will run the entire operation for you in correspondence to your system, consequently allowing massive scalability of your Business passively.

Due Diligence is essential to owning a Franchise, starting a Business, and the same applies to Franchising your own Business.

You can begin by speaking with people who are involved in Franchising. Lots of them can be found in Franchising expo's where you can directly ask the franchiser's head office on what their thoughts are of the source who helped them franchise their operations.

Making comparisons with existing Franchises is also vital. Visit Franchise Portals, and request more information from related Franchises so you can acquire some insights into their extensive Franchise Disclosure Document(FDD), which is the primary obligation of a franchisor - prior to selling a franchise.

A franchisor must also comply with the "Federal Franchise Rule" (16 CFR 436, 437) respecting the disclosure obligations of a franchisor.

Many of these resources can be found under related links below, and I have also provided a link where you can request a Free Consultation from a qualified Franchise consultant to assist you on the whole nine yards of Franchising your own Business.

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15y ago

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