ForumsFranchise Opportunities

My recommendation would be:

1. Go to work for a successful franchise (ideally one related to the industry you hope to enter). While you're doing that, read every book you can find that was written by or about the founder of a successful franchise (Ray Kroc, McDonalds; Howard Schultz, Starbucks; Mary Kay Ash, Mary Kay Cosmetics; etc.) This will provide invaluable first hand experience at recognizing what works and what doesn't in a franchise operation.

2. Next, plan and start-up a business of your own that you intend to franchise, but do it following a "franchise-friendly" business model (which you will have learned and probably even found ways to improve on). Continue to refine the operation until you feel that every single aspect of the enterprise has a "can't fail" process built-in -- one that any franchisee could follow and be successful.

3. Finally, contact a franchise development consultant. There are people and firms who specialize in the legal, operational, and marketing aspects of launching a franchise. They know how to take a business that is truly franchise-ready and expand it nationwide (or worldwide).

Hope this helps. Best wishes.

peg, As I said last time SCORE here in Rockland County N. Y. has helped CREATE a franchise.
Not to mention names, but, think of Ice Cream. You MUST have a Franchise Lawyer.
Again LUCKIEST

You're right on target! The people who have done that successfully have almost all written books about how they did it (and many others have written books about them). There are a wealth of stories available the describe exactly how they created successful, "franchisable" businesses. I wish you the best!

I created rather than buying one.

I could write a book on that whole experience, maybe I should.

At any rate, knowing what I know now. The first thing I would do
is get involved with CEO Space and get a team and some help
and not do it all myself with only hired help.

I'll never forget my very first forum for CEO Space I attended in LA.

I was sitting in the training with a top in the world franchise attorney and in the first
10 minutes he said, this is the mistake that most franchise and licensing attorneys
makes and it cost the client millions. And I said to myself, yep, that is exactly
what my attorney did/

So, it is most important to get it straight from the very beginning.

If you want more on my own experience, email me at kathyhadley@earthlink.net

Luckiest,

Thank you for that. I giggled a bit when I read it. Actually, there are about 3 books I've been asked to write. Unfortunately, my husband is the author in the family and he is working on his on books.

I'm building up to it though. Started writing articles.

Kathy

Absolutely AVOID Q_____......AT ALL COSTS!!!!!!!!!!! I had a client (one of my businesses is real estate--southern California, if anyone is interested) ((Yes, I know that was a shameless plug, but who can blame me)) in escrow for 6 months while we tried to satisfy all of Q______ franchise requirements, and after all that time, he went for the specialized training in Denver, and called me on day two and CANCELLED!! What about Jersey Mikes? Now they sound like something I would be interested in...I don't know if they are in your area or not, but may be worth checking in to if sammiches is your thang.... I am considering taking one of my businesses to the franchising level, though I am not there yet, so I will continue to watch your postings, etc....best of luck to you!! By the way, one of my goals is to write books, as well....first I have to get the five children inhabiting my life and home out on their own.... can you say EMPTY NEST!?!?!?!? (Love ya kids!!)

I am offering for sale a Franchise Project of one if my clients.My client is a very successful franchise in Latin America offering a "Key in Hand" project in he US. president@expandsor.com