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Franchise How-To - Page: 4
Here are the seven points in the franchise due-diligence process that are prone to stopping someone from moving ahead with a franchise -- but you will get past them.
If you include these elements in your marketing plan, you'll be one step closer to finding interested prospects for your franchise.
Before you begin your marketing efforts, be sure you understand what it is you're selling, who you're selling it to, and why they should be interested in buying your franchise.
For most successful franchisors, quality control is at the heart of franchisee success. Find out what elements need to be top quality if you want to succeed.
Although an experienced franchise attorney can help you craft a complete document, as the franchisor, it helps to know what your document should outline.
Should you grant exclusive territories or let every "every franchisee for himself" be your motto? These tips can help you decide.
The single most important aspect of your business plan are the fees you charge your franchisees. Discover how to charge enough on the initial fee and royalties to make money without scaring away potential franchisees.