Franchisor's ongoing role
Once you have finished your preparation for
franchising, you have to balance three main roles:
- - operating your core business
- - recruiting and training new franchisees
- - supporting and managing existing franchisees
As you expand your business and your franchised network, you are likely to
need to take on additional personnel for assistance.
During recruitment
of franchisees, you need to plan how best to target people who would be
appropriate franchisees so that you do not waste marketing budget. It is
advisable to have clearly defined criteria for the people you want as
franchisees and their personal attributes and then adhere to your own
guidelines. Although recruitment of franchisees is partly about "selling"
yourself and your business, it is vital to be honest and open with franchisees
and in particular not to give financial forecasts that have not been proven or
any other information that could be misleading.
Once you have recruited a
franchisee, there will be an initial intensive period of support where you train
the franchisee and help him or her to set up the business. The training
programme needs to be planned and prepared in advance and should cover clearly
defined topics and go through the Operations Manual that the franchisee
will use to guide him or her as they operate the franchised
business.
The role of franchisor is to support and advise
franchisees, but after initial training and the early months of more intensive
support, you should not need to be as closely involved, and should move into a
more supporting background role, so that you can focus on improving and
maintaining the core business. It is important to remember that it is the
franchisee who is running his or her own business, and it is not part of your
role to operate the business for them.
Together we can manage a successful franchise network
Please see our sections on Ongoing Support and on the Circles of Franchising for more information on how
EXB can help you. If you are an existing franchisor,
please contact us to discuss how we can help you in relation to support and
services for you and / or your franchisees.